The National Agency on Corruption Prevention of Ukraine stated that there are no statistics on cryptocurrency declarations.
Date: 2025-09-23 Author: Oliver Abernathy Categories: IN WORLD
The National Agency on Corruption Prevention (NACP) told The Page that, although cryptocurrency is listed in declarations under the "Intangible Assets" section, the law does not require such cases to be classified as a separate category. Therefore, there is no aggregated information on the number of declarations containing cryptocurrency or any violations identified.
Agency representatives clarified that while digital assets are included in the full verification process, no separate statistics are compiled. All results of the verification procedures are available on the official NACP website.
As of September 22, 2025, the declarations of 569 individuals (647 documents in total) had been verified. An additional 322 are under review. As a result, significant financial violations were identified:
- UAH 2.6 billion — false information;
- UAH 72.1 million — unjustified assets;
- UAH 180.1 million — illegal enrichment.
However, when asked how much cryptocurrency Ukrainian citizens declared between 2021 and 2025, the NACP was unable to answer. There is also no data on which digital assets are most frequently reported in documents or what the largest cryptocurrency amount in a single declaration was.
Journalists note that a similar request was sent to the State Tax Service. They also did not provide specific figures, limiting themselves to a reminder of the existing procedure for taxing personal income from transactions with virtual assets.
At the same time, a legal vacuum remains regarding digital assets in Ukraine. They cannot be used as a means of payment for goods and services and are not included in state reserves. Moreover, the country ranks first in the world for crypto activity among the population.
The lack of regulation has already resulted in losses of at least $10 billion for Ukraine. Experts point to a number of risks: the unregulated operation of over-the-counter (OTC) exchanges, the use of cryptocurrencies to purchase sanctioned goods by the Russian military, and money mule operations.
As a reminder, the Verkhovna Rada supported the bill on digital assets in its first reading, but full market regulation has not yet been adopted. Experts believe that further delays in legislative development could increase the country's vulnerability to new financial and corruption threats.
