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Ukraine is advancing efforts to legalize cryptocurrency. Lawmakers are reviewing a bill proposing a tax rate of 5% to 10%. The initiative aims to clarify digital asset regulation and taxation while supporting investor confidence. Legislation may be enacted by mid-2025. The Verkhovna Rada committee is moving forward with multiple readings. Chairman Daniil Hetmantsev said lawmakers are doing everything possible for rapid adoption. In a recent tweet from Wu Blockchain, it stated that Ukraine is moving forward with the legalization of cryptocurrency. The tweet added that lawmakers expect a vote on the bill in the coming months. Lawmakers plan a second reading immediately after the first vote. They aim to finalize the bill by the summer of 2025. The process remains under careful review. Officials remain vigilant. Deputy of the Kyiv City Council, Taras KKozak, emphasizes the importance of a fair tax rate for cryptocurrency. Investors and businesses favor a lower tax to boost market participation. Kozak stated, “I am inclined to the fact that there should be a small tax—about 5% to 10%.” He added, “All incomes of citizens should be taxed because our state lives on this money.” He mentioned, “Our army fights, we buy weapons, and we maintain security.” Standard taxation includes 18% on individual income plus a 5% military levy. Investors investing before the law’s enactment may face a 23% rate on total assets. The measure seeks to ensure that funds are properly documented. Kozak expressed optimism about the legislative progress. He said, “I am an optimist and believe that the draft law will pass all readings in the Verkhovna Rada.” He confirmed, “From 2026, crypto will be legalized , and income from it will be taxed.” In another interview, Kozak remarked, “We are doing everything possible to expedite the process.” He later stated, “I’m optimistic that the bill will pass by the end of the year.” He added, “Full legalization and taxation will likely come into effect in 2026.” Officials continue to review the timeline for legal reforms. Industry representatives await further guidance as lawmakers refine the bill details. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

INTO, a prominent player in the Web3 sector, has announced an exclusive collaboration with PathPulse.ai, an AI-led navigation system. The partnership aims to transform the smart cities with the use of cutting-edge technologies. This endeavor integrates comprehensive data, AI technology, and mobility, driving the smart cities’ evolution. It will combine the expertise and technological efficiencies of both the platforms. We are excited to announce our partnership with @PathPulse_ai 🚀@PathPulse_ai is an innovative platform that merges AI, big data, and mobility to revolutionize smart cities! 🌆🤖This partnership is going to make huge waves across the entire industry. Stay tuned for updates!… pic.twitter.com/bejiu4A3S6 — INTO (@intoverse_) February 26, 2025 This strategic partnership is anticipated to make transformative shifts in the urban infrastructure, connectivity, sustainability, and improved efficiency. INTO has revealed this news through its official X account. INTO and PathPulse.ai Revolutionize the Development of Smart Cities INTO considers this collaboration with PathPulse.ai to be a revolutionary step for smart cities. PathPulse.ai utilizes AI-led analytics as well as comprehensive data insights to improve city planning, resource allocation, and traffic management. Apart from that, it also integrates cutting-edge resource allocation and machine learning mechanisms. With the merger of latest machine learning mechanisms with up-to-date mobility data, PathPulse.ai lets enterprises and municipalities contribute to data-informed decisions. These things focus on enhancing the urban living atmosphere. INTO continues to make significant endeavors to boost technological innovation. Hence, as a part of this collaboration, it leverages the strengths of PathPulse.ai. Advancing Urban Planning, Mobility Solutions, and Public Safety The partnership leverages INTO’s capabilities in dealing with digital transformation and PathPulse.ai’s remarkable mobility solutions. Both the entities endeavor to simplify city operations, minimize congestion, and improve public services. Thus, it denotes a major leap to advance the development of smart cities. As per INTO, the collaboration with PathPulse redefines the entire industry with several benefits. The key benefits of this partnership include enhanced urban planning, sustainability initiatives, boosted mobility and traffic solutions, along enhanced public safety. Keeping this in view, as the collaboration unfolds, the enthusiasts and stakeholders can expect more updates and innovations.

Wrench attacks are rising in the cryptocurrency space. Local reports state that a Chinese national was found dead in a luxury hotel in Jeju City, South Korea. The individual who was found dead was allegedly trading crypto while this happened. The man, identified by Korean media as Mr. E, was found in his hotel room on February 24th with multiple stab wounds. Before this, an acquaintance reported that he could not contact the man, who went to the hotel to trade cryptocurrency. Local authorities are currently investigating the case, and have already arrested four Chinese nationals that are suspected to have organized the crime. One of the perpetrators surrendered and others were arrested at other locations, including an airport and a hotel casino. Reports indicated that besides murdering the trader, the assassin also ran away with nearly $59,000 belonging to the victim. However, it is still unclear if these funds were stolen in crypto or fiat. No more details were shared by the local press as the local Jeju City police are currently investigating the details of the crime and the possible chain of events that led to the death of the victim. This kind of crime linked to crypto, where attackers use violence or coercion, has been on the rise lately, with experts claiming this will become more common as crypto gets mainstream. Another crime involving a kidnap and a crypto ransom was revealed this month when unsealed court records indicated that a family of four paid $15 million to be released in Chicago. Read more: Grand Theft Crypto: Family Kidnapped for $15 Million Ransom in Chicago Not even executives of crypto companies seem to be safe from these incidents. In January, Ledger co-founder David Balland was rescued after a two-day manhunt. Reports indicate the executive lost a finger that was sent along with a ransom note. Read more: Ledger Co-Founder Kidnapped and Released After Intense Rescue Mission 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

According to Inner City Press, the United States Securities and Exchange Commission has requested a stay of proceedings in the case United States Securities and Exchange Commission v. Justin Sun and the TRON Foundation in the Southern District of New York, in order to allow the…

Police in Jeju, South Korea, are investigating the murder of a Chinese national believed to have been killed during a cryptocurrency transaction. Jeju West Police Station announced that four Chinese nationals—two women and two men, including one in his 60s — are under investigation for the killing of a man in his 30s at a luxury hotel in Jeju City on February 24, according to local news outlets. The suspects allegedly fled with 85 million won ($63,500) belonging to the victim, according to local media. The case came to light when an acquaintance of the victim reported him missing after he failed to return from a cryptocurrency deal. Police arrived at the hotel room around 5:10 p.m. and found the victim dead with multiple stab wounds. Shortly after, one suspect, a woman in her 30s, surrendered at a police station in Seogwipo. Authorities then apprehended two other suspects at Jeju International Airport as they attempted to leave the country. The fourth suspect, a man in his 60s, was arrested at a hotel casino. Police are now focusing on whether the suspects planned the attack in advance or if it was a dispute that escalated into violence. According to initial statements, the woman who turned herself in may have played a central role in the crime. Investigators are analyzing phone records, security footage, and transaction history to determine the exact sequence of events. Authorities confirmed that all four suspects entered South Korea on tourist visas and had no prior records of illegal activity in the country. However, police are also looking into whether they were part of a larger network involved in cryptocurrency-related crimes. Given the rising number of fraud and violent cases linked to digital asset transactions, law enforcement agencies in Jeju have increased monitoring of such activities.