Ukraine’s parliament has passed a critical bill, paving the way for the legalization and taxation of Bitcoin and other virtual assets. This landmark decision aims to establish a regulatory framework for the cryptocurrency industry and boost state revenue through regulated crypto investments. The legislation seeks to integrate digital assets into a structured environment, fostering financial stability and attracting international investment. 246 votes secured for the bill, which now moves on to the second reading stage. Experts anticipate this move will usher in new trends in cryptocurrency ownership levels and market compliance, with historical data showing increased adoption following regulatory changes. This legislation follows a similar initiative in El Salvador, which has shown positive market responses.