Ігор Вишневський Crypto 26 August 2025, 10:24

2,200 Ukrainian officials declared crypto in their tax returns last year. What is the total amount of their crypto assets?

Ukrainian officials declared crypto assets totaling UAH 786 million in 2,200 declarations filed last year.

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2,200 Ukrainian officials declared crypto in their tax returns last year. What is the total amount of their crypto assets?

Ukrainian officials declared crypto assets totaling UAH 786 million in 2,200 declarations filed last year.

The NACP informs about this, referring to data from the Register of Declarations.

The NACP states that officials are increasingly declaring cryptocurrency every year:

— for 2022, in 1,320 declarations — for UAH 371 million;

— for 2023 in 1.71 thousand declarations — for UAH 526 million;

— for 2024 in 2.2 thousand declarations — for 786 million UAH.

According to the NACP, as part of full checks of declarations, the agency verifies the declared crypto assets on the blockchain network and establishes their real ownership by the declarant or his family members.

«The most common violation when declaring cryptocurrency is the inability to confirm its existence. Often, officials declare significant crypto assets without providing confirmation of their reality: there are no verified crypto wallet addresses, stock quotes, or even screenshots,» the NACP states.

Among the most common explanations given by declarants who reported unconfirmed cryptocurrency are loss of access to the wallet due to a forgotten password, theft of the hardware medium, or loss of the physical key.

«However, they do not provide any documentary evidence, although modern crypto wallets usually provide recovery mechanisms. Another common explanation is the purchase of assets for cash through unidentified individuals or illegal services without any supporting documents,» the department added.

In addition to declaring unconfirmed assets, a common type of violation, according to the NACP, is submitting inaccurate data regarding real cryptocurrency assets: their value, quantity, and date of acquisition.

As dev.ua reported, the Verkhovna Rada did not consider the bill on the legalization of cryptocurrencies during the last plenary week, although the head of the parliamentary committee on finance, tax and customs policy, Danylo Hetmantsev, predicted the adoption of such a decision.