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Nauru vs Ukraine

Crypto regulation comparison

← Back to map | Nauru | Ukraine
Nauru

Nauru

Ukraine

Ukraine

Legal
Legal

Nauru has no specific cryptocurrency regulation.

Ukraine passed the 'On Virtual Assets' law in 2022, establishing a legal framework for crypto. The NSSMC is designated as the primary regulator for virtual assets. Crypto gained significance during the Russia-Ukraine war, with Ukraine receiving over $100 million in crypto donations. Tax rules specify 18% income tax plus 1.5% military levy on crypto gains. Full implementation of the regulatory framework has been delayed due to the ongoing conflict.

Tax Type None
Tax Type Capital gains
Tax Rate N/A
Tax Rate 18% + 1.5% military levy
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Command Ridge Virtual Asset Authority (CRVAA)
Regulator NSSMC (National Securities and Stock Market Commission), NBU
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Under development in virtual assets legislation
Key Points
  • No specific cryptocurrency legislation
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • One of the world's smallest economies
  • No licensing framework for crypto services
Key Points
  • Virtual Assets law passed in 2022, establishing legal status for crypto
  • NSSMC designated as primary regulator for virtual assets; NBU handles stablecoins
  • 18% personal income tax + 1.5% military levy on crypto gains (19.5% total)
  • Over $100M in crypto donations received during Russia-Ukraine war
  • Full regulatory implementation delayed due to ongoing conflict
Sources
Sources