Denmark is planning to introduce a tax on cryptocurrency assets, equating them to traditional assets. A new bill, which may come into effect in January 2026, proposes a 42% tax on unrealized profits.
According to the new law, Danish citizens will be required to pay taxes on their cryptocurrencies, including Bitcoin (BTC), from the moment of acquisition, even if they have not sold the assets. The tax will be levied annually based on their current value.
The proposal by the Danish Tax Council on October 23 aims to simplify the system and eliminate unfairness for cryptocurrency investors. This is in line with Italy’s recent move to increase the tax on cryptocurrency income to 42%.
