The ruling AK Party submitted a draft bill on March 2 proposing an income tax on cryptocurrency gains and a transaction levy on crypto asset service providers; the proposal could raise state revenue but increase costs for users and exchanges.
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.
Brazil’s Revenue Service will propose a 3.5% levy on stablecoin purchases and transfers, treating them as foreign currency exchange operations under the IOF. The measure enters public consultation and could raise costs for remittances and on/off-ramps.
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.
Vietnam’s Finance Ministry has proposed a 0.1% tax on crypto transfers, a 20% corporate tax on crypto profits, and tougher licensing for exchanges, mirroring existing stock transaction levies. The measures could raise compliance costs and push trading offshore while signalling a move to formalize the market.
The Ministry of Finance will send a decree for public consultation to classify cryptocurrency transactions as foreign currency exchanges, a change that would let the government tax crypto operations. The move is expected to spark heated debate in Congress and face possible legal challenges.
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.
HMRC has directed UK cryptocurrency platforms to provide customer data as it aims to recover £300 million in unpaid taxes over the next year. The move ramps up enforcement and raises fresh compliance and privacy questions for exchanges and users.
Colombia’s tax authority DIAN issued Resolution 000240 requiring cryptocurrency service providers to report transaction data, expanding oversight of the sector. The move aims to boost transparency and support tax and anti‑money‑laundering enforcement.
India’s tax authorities have flagged enforcement gaps around virtual digital assets ahead of the Union Budget, echoing concerns raised by the Reserve Bank of India. The alignment increases the chance of tougher reporting and compliance measures for crypto businesses and investors.