Russia fired its biggest-ever aerial barrage at Ukraine early on Sunday, killing four people and setting government offices in Kyiv ablaze, an attack Ukrainian President Volodymyr Zelensky warned would prolong the war. Flames could be seen rising from the roof of the sprawling government complex that houses Ukraine’s cabinet of ministers in the heart of the city — the first time it has been hit during the three-and-a-half-year conflict. Drone strikes also damaged several high-rise buildings in the Ukrainian capital, according to emergency services. Russia has shown no sign of halting its onslaught despite efforts by the United States to broker a peace deal, and Kyiv residents have become hardened to the daily rhythm of strikes and alerts. “This is already routine for us, unfortunately,” Olga, a 30-year-old resident of a damaged building, told AFP after the latest strikes. An AFP reporter saw helicopters dropping buckets of water over the government building’s roof, as emergency services rushed to the scene. E...
The draft law passed its first reading with 246 votes and proposes an 18% income tax, 5% military tax, along with a temporary 5% rate on fiat conversions in its first year. The Verkhovna Rada, Ukraine’s parliament, passed the first reading of a bill to legalize and tax cryptocurrency on Wednesday, according to lawmaker Yaroslav Zhelezniak. If signed into law, the bill would significantly shape the digital asset economy in the country, which ranks among the world's top in crypto adoption. According to Zhelezniak’s announcement on a Telegram channel, the bill passed the first reading with 246 lawmakers voting in support. The legislation's draft outlines an income tax of 18% and a military tax of 5% on digital asset profits. The bill also sets a preferential 5% tax rate on fiat conversions its first year, according to the announcement. The proposed taxation rate of 23% is in line with the April recommendation of Ukraine’s financial regulator. The initial recommendation exempted crypto-to-crypto and stablecoins t...