Ukraine Reforms Tracker Weekly — Issue 37
Editor’s note: This is issue 37 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from Sept. 1–10, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs.
The Kyiv Independent is republishing with permission.
IMF benchmarks and soft commitments
Parliament approves crypto bill in first reading
Ukraine’s parliament has passed in the first reading draft law #10225-d, which legalizes the market for virtual assets and sets out taxation rules.
Profits will be taxed at a combined rate of 18% income tax plus 5% military levy, with a transitional 5% rate applied to fiat conversions during the first year.
Key provisions — including which regulator, the National Bank or the National Securities Commission (NSSMC), will oversee the sector — are expected to be revised ahead of the second reading.
Obligations to the EU
Parliament fails to pass bill required by EU Facility
Lawmakers rejected draft law #13150, which aimed to introduce oversight mechanisms for the legality of local government decisions and establish a registry of acts of municipal governments. The measure was a structural benchmark under the Ukraine Facility, with a deadline of March 31, 2025, already missed.
Other key issues
Ukraine’s financial monitoring chief implicated in fortification fund misuse
Ukraine’s new head of the State Financial Monitoring Service, Filip Pronin, faces allegations of involvement in the disappearance of at least Hr 200 million ($4.9 million) allocated for fortifications in the Donetsk region. In 2024, while serving as governor of Poltava region, Pronin oversaw a Hr 372 million program for defensive structures, but large portions were never built, with funds allegedly siphoned off through shell companies and inflated contracts.
NABU has now taken over the investigation and formally requested case files.
So far, there has been no official reaction from the President's Offie, the prime minister or the finance and defense ministries.
SBU preparing new wave of charges against NABU staff, bureau chief says
The Security Service of Ukraine (SBU) is preparing new criminal charges against employees of the National Anti-Corruption Bureau, NABU Director Semen Kryvonos said during an event marking the sixth anniversary of the High Anti-Corruption Court.
He said the SBU had obtained court orders targeting NABU staff, including his first deputy, a prosecutor, and several detectives. Kryvonos linked the development to tensions following corruption cases brought by NABU against high-ranking government officials.
