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Ukrainian Parliament Passes Bill That Criminalizes People Who Don’t Reveal Crypto Holdings

The Ukrainian parliament is enforcing its tough stance against people who don’t disclose their cryptocurrency holdings on the tax fillings. The measure comes in the wake of a recent publication that showed alleged mistakes in declarations from public servants. Offenders Could Spend up to Two Years in Jail According to an official document released by the country’s parliament, the Verkhovna Rada, the bill that seeks to criminalize such wrongdoing passed with 283 votes. The proposal aimed at imposing jail times and fines on offenders. The bill details show that the authorities will prosecute those who possess over $4,050 worth of…

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