EU weighs bloc-wide tax on bitcoin gains
- —European Parliament proposed a crypto capital gains tax as a new EU revenue source
- —The three sectors, including crypto, could raise an extra €60 billion for the EU
- —Any decision on EU own resources requires unanimous backing from member states
- —Ireland's EU presidency promises an own-resources package by mid-October
Why it matters: A bloc-wide tax on crypto gains could cut after-tax returns for EU investors and push trading activity toward more favorable jurisdictions.
Source: BitcoinBázis