Denmark plans to tax unrealized capital gains on cryptocurrencies
ChainCatcher news, Denmark plans to tax unrealized capital gains on cryptocurrencies starting January 1, 2026. This initiative aims to incorporate cryptocurrencies like Bitcoin into the existing financial tax framework, treating them on par with other investment assets.The new tax rules apply to all cryptocurrencies purchased since the inception of Bitcoin in 2009.The Danish government announced that starting in 2027, they will exchange data on Danish crypto investors internationally. They also plan to introduce a bill in early 2025 requiring crypto service providers to report customer transactions. This will help Denmark regulate approximately 300,000 Danes with crypto assets and curb potential tax evasion.