Crypto tax in 2026 could be one of the scariest on record. In 2026, crypto taxes will become a defining factor in where capital, founders, and even entire communities decide to live. The clearest warning sign right now is Europe. Currently there’s a proposal for a 36% tax on UNREALIZED gains in the Netherlands. It hasn’t yet passed the vote, but there are already swaths of support in Amsterdam for some to “pay their fair share.” You would owe taxes on paper profits even if you never sold. You could eas ...

Core Insights - The UK Budget for 2025 does not introduce new crypto-specific taxes, maintaining the current tax structure for digital assets [2] - The capital gains tax (CGT) allowance remains low, leading to more reportable gains for crypto disposals, even for small retail portfolios [3] - HMRC is reconsidering its approach to DeFi lending and liquidity provision, responding to criticism of its previous guidance [5] Taxation and Regulation - The income-tax threshold freeze has been extended for three more years, which may push more active crypto traders into higher tax bands as wages increase [2] - Exchanges and platforms will be required to provide more detailed customer information to HMRC starting in 2026 [4] - The UK is advancing global data-sharing initiatives under new reporting standards [3] DeFi Lending and Staking - HMRC has shifted away from its strict stance on DeFi, acknowledging the administrative burdens imposed by current rules [5] - The department is moving towards a "no gain, no loss" framework for many DeFi transactions, rather than applying traditional disposal rules [5] - New regulations are expected to explicitly address automated market makers and multi-token liquidity pools, such as those used by Uniswap [6]

Crypto tax amendment dropped from Senate's 'Big, Beautiful Bill,' but Sen. Lummis plans to keep pushing https://t.co/OSk7Bl712I ...