Ukraine legalized crypto in 2022 and is top 10 in global adoption.
Europe · UAH
Ukraine legalized crypto during the war and received $100M+ in crypto donations.
Parliament passes Virtual Assets Law.
Law takes effect. Crypto legalized during war.
NSSC sets requirements for exchanges.
Crypto legalized in March 2022 during the war. Virtual Assets Law establishes regulatory framework. NSSC oversees.
Dominant P2P in UAH.
Ukrainian exchange with 3M+ users.
Pioneer Ukrainian local exchange.
Binance/WhiteBIT > sign up.
KYC with Ukrainian ID.
Deposit UAH via card or P2P.
Buy and send to wallet.
N/A.
TBD
Tax exempt until 2025. Tax framework in development.
Temporarily exempt
TBD
Active crypto hub in Kyiv.
| Country | Users | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇺🇦 UkraineYou | 12M+ | ~27% | $3B+ anual | Regulated | Binance |
| 🇪🇸 Spain | 6M+ | ~12% | $3B+ anual | Regulated | Binance |
| 🇵🇹 Portugal | 1M+ | ~10% | $1B+ anual | Regulated | Binance |
| 🇩🇪 Germany | 12M+ | ~16% | $10B+ anual | Regulated | BISON |
| 🇬🇧 United Kingdom | 12M+ | ~18% | $12B+ anual | Regulated | Coinbase UK |
| 🇫🇷 France | 8M+ | ~12% | $6B+ anual | Regulated | Coinhouse |
| 🇮🇹 Italy | 7M+ | ~12% | $5B+ anual | Regulated | Young Platform |
| 🇳🇱 Netherlands | 4M+ | ~22% | $4B+ anual | Regulated | Bitvavo |
| 🇨🇭 Switzerland | 3M+ | ~35% | $5B+ anual | Regulated | Sygnum Bank |
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Ukraine vs Spain
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