EU proposes uniform taxes on cryptocurrencies and digital services

17:50 - 1.06.2026


June 1, Fineko/abc.az. The European Commission is proposing that the Eurozone countries introduce uniform taxes, including fees for cryptocurrency transactions, digital services, and online gambling.

ABC.AZ informs that overall additional revenues to the EU budget may amount to approx. €11 bn a year.

Two options for a tax on cryptocurrencies are being considered: 0.1% of the volume of cryptotransactions, which can bring €3-4 bn annually, or a capital gains tax on profits from the sale of crypto assets, yielding €1-2.4 bn.

Currently, taxation of cryptocurrencies in the EU varies by country: capital gains tax is more often applied (in Italy, France and Germany), and in Denmark, even a tax on unrealized profits has been introduced since 2026.

A single 3% tax on digital services is also being discussed, which could bring in nearly €5 bn a year. The final parameters depend on the types of activities and the revenue threshold.

The initiative is being considered within EU's long-term budget for 2028-2034 and requires the unanimous approval of the member states. Meanwhile, the ECB warns about the risks of stablecoins for the banking system and monetary policy.