[Ukrainian Parliament Passes Initial Reading of Cryptocurrency Legalization and Taxation Bill] The Ukrainian Parliament has completed the first reading of a bill on the legalization of cryptocurrencies and related taxation. According to a social media statement by MP Yaroslav Zhelezniak, the bill proposes an 18% income tax and a 5% military tax on digital asset profits, while offering a preferential 5% tax rate for the first year of converting digital assets into fiat currency. Zhelezniak noted that the bill is still in its preliminary stage, and significant adjustments to its content may occur before the second reading. The final regulatory authority has yet to be determined, with potential candidates being the National Bank of Ukraine or the National Securities and Stock Market Commission.