Dutch lawmakers passed a law that, beginning in 2028, will levy a 36% tax on actual investment returns, covering both realized and unrealized gains — including crypto assets like Bitcoin and Ethereum. Investors will owe tax on paper profits even if they haven’t sold their holdings.
Dutch lawmakers advanced a proposal on Feb 13 to impose a 36% tax on certain assets, exempting startup equity and non-investment property. Cryptocurrencies were not listed as exempt, prompting industry concern and calls for clarity.
Dutch parliament is set to approve Box 3 reforms that will tax unrealized gains on crypto and stocks starting in 2028, despite investor backlash. The change raises concerns about liquidity pressure, heavier reporting requirements, and possible capital flight.
Blockrise has been granted a MiCA license in the Netherlands, enabling regulated Bitcoin custody and trading and paving the way for BTC-backed loans to EU businesses. The approval gives the firm a compliant onshore base to develop business lending products using Bitcoin as collateral.