Ukraine: crypto and stablecoin regulation (as of 1 November 2026)

As of

Ukraine's Law "On Virtual Assets" (Про віртуальні активи) (No. 2074-IX of 17 February 2022) was adopted by the Verkhovna Rada and signed by the President, as the National Securities and Stock Market Commission (НКЦПФР, NSSMC) reported on 16 March 2022. It enters into force when the Tax Code amendments on taxing virtual-asset operations take effect. The law assigns all powers to regulate the virtual asset market to the NSSMC, except virtual assets secured by currency values, which fall to the National Bank of Ukraine (НБУ, NBU). In September 2026 the NSSMC said the virtual asset market in Ukraine already operates without state authorisation ("без державного дозволу"). A new bill, No. 10225-д, was adopted by the Verkhovna Rada as a basis at first reading and is being prepared for second reading; it is not law. The NSSMC says the basis of future regulation is the EU MiCA regulation. Apart from the law's own text, the lines on this page quote the NSSMC; the rows on bill No. 10225-д give the NSSMC's position, not adopted law.

This page states what the government sources say. It is not legal advice.

Status as of 1 November 2026

StatusRuleSince / fromSource
AdoptedLaw of Ukraine "On Virtual Assets" (Про віртуальні активи), No. 2074-IX of 17 February 2022, adopted by the Verkhovna Rada and signed by the President. Under its final provisions it enters into force on the day the law amending the Tax Code of Ukraine on the taxation of virtual-asset operations enters into force, but not before its own publication; the sanctions in Article 23 apply to violations committed three months after the State register of virtual asset service providers is launched. The source does not state that the Tax Code condition has been met.17 February 2022 (adopted); entry into force not establishedzakon.rada.gov.ua, archived copy, 2 February 2026, NSSMC
Not lawBill No. 10225-д: on 16 September 2026 the NSSMC said the Verkhovna Rada had adopted it as a basis at first reading ("ухвалила за основу") a year earlier and that it was being prepared for second reading; the NSSMC submitted 80 comments and proposals.Adopted as a basis about one year before 16 September 2026NSSMC
StatementNSSMC Chair: preparation of the bill to regulate the virtual asset market is practically complete; the document is in the final stages of inter-agency approval and checks against European standards. The source gives no bill number.31 July 2026NSSMC
StatementThe NSSMC targets adoption of the law in 2026, followed by secondary acts, registers, a reporting system and a transition period for business. It deliberately names no exact launch date for the regulated market.16 September 2026NSSMC

Key rules

Timeline

DateEventSource
17 February 2022Verkhovna Rada adopts the Law "On Virtual Assets" (No. 2074-IX)NSSMC
16 March 2022NSSMC reports that the President signed the lawNSSMC
31 July 2026NSSMC Chair: preparation of the virtual assets bill practically complete (no bill number given)NSSMC
16 September 2026NSSMC: bill No. 10225-д, adopted as a basis at first reading a year earlier, is being prepared for second reading; target adoption in 2026, no launch date namedNSSMC

Not covered here

The law's final provisions are quoted from a 2 February 2026 archive capture of zakon.rada.gov.ua, which could not be reached directly; the sources this page uses do not show whether the Tax Code amendments on which the law's entry into force depends have taken effect. The text of bill No. 10225-д is not quoted, and this page does not say whether the bill has passed a later stage than the NSSMC reported on 16 September 2026. The exact date the bill was adopted as a basis is not stated in the sources this page uses. National Bank of Ukraine statements on stablecoins or e-money tokens were not collected. A search of nssmc.gov.ua for this page found no register of virtual asset service providers.

Sources

Updated: · Markdown version