The #الهولندي House of Representatives approved a 36% tax on unrealized gains for #بيتكوين and cryptocurrencies, allowing only future loss offsets.
Now, the proposal moves to the Senate, where the parties supporting the bill also hold the majority, making final approval almost certain.
Critics warned that this measure could disrupt long-term investment strategies, weaken the power of compound interest, and trigger capital outflows.
Several right-wing parties had previously publicly criticized the bill, but most ultimately voted in favor, citing financial constraints and the costs of delaying or modifying the plan, saying: "We don't want it either, but there's no choice but to implement it."
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The #الهولندي House of Representatives approved a 36% tax on unrealized gains for #بيتكوين and cryptocurrencies, allowing only future loss offsets.
Now, the proposal moves to the Senate, where the parties supporting the bill also hold the majority, making final approval almost certain.
Critics warned that this measure could disrupt long-term investment strategies, weaken the power of compound interest, and trigger capital outflows.
Several right-wing parties had previously publicly criticized the bill, but most ultimately voted in favor, citing financial constraints and the costs of delaying or modifying the plan, saying: "We don't want it either, but there's no choice but to implement it."
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