Tax

A government-backed proposal would move crypto gains into a separate taxation regime with a 20% flat rate, potentially lowering bills for Bitcoin traders and simplifying reporting. The measure is designed to give clearer rules and could boost trading activity if passed.

The U.K. will require crypto exchanges to report full customer information on all digital asset holdings to HMRC from January 2026, a move aimed at closing tax gaps in the crypto sector.

Switzerland will enshrine a global crypto tax-sharing framework into law on January 1 but has delayed putting the regime into effect until at least 2027. The move pauses immediate cross-border tax data exchange for crypto assets despite formal legal adoption.

Spain’s Sumar party has proposed raising crypto taxes to as much as 47%, treating all digital assets as seizable and introducing a “risk traffic light” rating system for tokens. Critics say the plan could chill investment and raise legal uncertainty for holders and businesses.

Japan’s financial regulator has proposed treating 105 digital assets—including bitcoin and ether—as financial products with a 20% tax rate and new rules to curb insider trading. If approved, many traders would face lower taxes and clearer compliance standards.

The White House is considering an IRS-backed push to join CARF, a global tax-reporting system that would make it easier to identify Americans’ cryptocurrency held abroad. The proposal raises privacy and enforcement concerns for crypto holders and offshore platforms.

Japan has placed Shiba Inu on its Green List of pre-approved cryptocurrencies alongside Bitcoin and Ethereum, a move that could bring potential tax benefits for SHIB holders. The decision signals regulatory recognition that may bolster confidence among Japanese investors and exchanges.

Japan’s Financial Services Agency is considering classifying cryptocurrencies as financial products with tougher disclosure and insider-trading rules, and replacing the current tax system with a flat 20% rate. The move aims to simplify taxation and boost market clarity.

Finland's tax authorities are stepping up monitoring of cryptocurrency transactions to improve investor tax reporting. The move could lead to more audits and higher compliance burdens for crypto holders.