Odaily星球日报讯 🌍 The Danish Tax Law Committee recently released a report recommending that cryptocurrency assets be taxed at market value. This means that even if cryptocurrencies are not sold, investors must pay tax on their unrealised gains or losses. 💰
The Tax Law Committee pointed out that because crypto assets are "not centrally regulated by entities such as the government or central banks," taxation has always been a challenge. The new regulations are expected to take effect on 1 January 2026, and in early 2025, the Finance Minister will propose relevant legislation requiring cryptocurrency service providers to report customer transaction information. 📅
Mads Eberhardt, a senior cryptocurrency analyst at Steno Research, stated that the tax rate on unrealised capital gains could be as high as 42%, which will affect cryptocurrencies obtained since the genesis block of Bitcoin in 2009. 📈