Legalization of cryptocurrencies in Ukraine is planned for 2025. Monobank wants to bring back crypto cards. Trump's family purchased crypto worth 12 million dollars: which coins were chosen?

Ukraine prepares to legalize cryptocurrencies in 2025, but there will be no incentives 

  

According to the head of the tax committee, Danylo Hetmantsev, the Verkhovna Rada will consider an updated bill on the regulation and taxation of cryptocurrencies in the first quarter of 2025. At this stage, the document is being finalized with the participation of experts from the National Bank and the International Monetary Fund. 

  

Preferential rates for crypto operations are not expected to be introduced. However, the tax will be levied only on the profit fixed at the withdrawal of funds in fiat, similar to the securities market. 

  

Global Ledger states Ukraine is a major player in the crypto industry, generating 2.5% of global traffic. It is estimated that the legalization of this market could bring up to UAH 15 billion to the budget. 

  

While Ukraine is just getting ready to regulate cryptocurrencies, the first conviction for tax evasion on crypto transaction income was handed down in the United States. On December 12, 2023, Texas resident Frank Algren III was sued for two years in prison for hiding $3.7 million in Bitcoin proceeds. He used mixers and multiple wallets to evade taxes, underpaying $1 million. The court ordered him to repay the amount. 

Monobank may return to the crypto card project in 2025 

  

Monobank co-founder Oleh Horokhovskiy said that the crypto card initiative may be reconsidered in 2025. 

  

Back in 2021, Monobank wanted to give customers the opportunity to conduct crypto transactions through its app. The project was developed in cooperation with the WhiteBIT platform but was frozen as the National Bank refused to approve the initiative. 

  

Horokhovskiy expressed hope that the relaxation of regulation in the future will allow the project to materialize. He also noted that changes in global politics, such as Donald Trump’s presidency, may give an impetus to the development of the crypto industry. 

  

The businessman emphasized that Ukrainians see cryptocurrency as an investment tool and a way to circumvent traditional regulations. However, he is confident that the cryptocurrency market will become more transparent in the future. 

  

Horokhovskiy believes in the prospects of Bitcoin, owns cryptocurrencies, and feels that this area deserves attention. 

How much money to invest in Bitcoin: Expert advice 
 

Investments in Bitcoin continue to arouse the interest of the world’s leading experts despite the volatility of the asset. The founder of Interactive Brokers, Thomas Peterffy, recommends investing 2%-3% of the capital in cryptocurrency. At the same time, the expert warns against excessive optimism, recalling that Bitcoin has no underlying value and is supported only by the faith of market participants. 

  

Ray Dalio, founder of Bridgewater Associates, has a different strategy. Against the backdrop of rising debt in the US, China, and other countries, he recommends moving away from fiat assets in favor of “hard money,” such as gold and Bitcoin. 

  

BlackRock analysts recommend investors add 1% to 2% Bitcoin to portfolios. They emphasize that cryptocurrency has a low correlation with traditional assets, which makes it attractive for diversification. 

 

Despite the growing interest, experts emphasize the importance of risk management and a balanced approach to investing in cryptocurrency. 

 

Let’s recall that on December 5, 2024, Bitcoin overcame the $100,000 mark, continuing its growth. As of December 16, the value of the first cryptocurrency is $105,000. 

The project associated with Trump invested $12 million in crypto: what coins were chosen? 

  

World Liberty Financial, a crypto platform associated with US President Donald Trump, has allocated $12 million to buy digital assets, including Ethereum, Aave, and Chainlink. 

  

In nine hours, the project team purchased 2,631 ETH, 41,335 LINK, and 3,357 AAVE for $12 million. Immediately after these transactions, the market saw a rise in quotes: Ethereum increased by 6% to $3915.5, Chainlink showed a 26% increase to $28.71, and AAVE rose by 30% to $356. 

  

World Liberty Financial was publicly introduced by Donald Trump’s sons in September 2023, and the WLFI token sale was launched in October of the same year. The platform belongs to the DeFi segment and offers alternative lending solutions.
 

According to the latest data, the value of World Liberty Financial’s assets reaches $74.8 million. The largest share of capital is made up of Ethereum ($57.1 million), wrapped Bitcoins ($10.4 million), and USDT and USDC stablecoins, the total amount of which reaches $4.9 million. It is known that the platform does not passively hold “stablecoins” but actively uses them for conversion to Ethereum. 

Scammers lure out crypto through fake influencers and Telegram bots 
 

Scam Sniffer experts have identified a scheme to steal digital money using fake influencer accounts and malicious bots on Telegram. 

  

How does the scheme work? Attackers create fake profiles in “X,” presenting themselves as well-known crypto experts, and invite potential victims to Telegram channels supposedly related to investments.
 

To “verify” participants, scammers offer to use a fake bot, after which malware is installed on gadgets. By doing so, fraudsters can hack into cryptocurrency wallets and steal assets.

 

Scam Sniffer analysts have noted a surge in activity of scammers pretending to be crypto experts. In December 2024, the company’s monitoring system detected an average of 300 scammers per day, while in November, their number did not exceed 160. At least two victims are known to have lost more than $3 million by clicking the links. 

Looking for where to buy cryptocurrency in Ukraine?
ObmenAT24 allows you to exchange USD and UAH cash to Bitcoin, Ethereum, and USDT offline in major cities of the country. You can apply through the website.