The Netherlands is set to implement a mark-to-market tax regime for digital assets and securities, shifting away from a system of assumed returns previously struck down by the Supreme Court.
Hong Kong crypto firms warn that strict implementation of global CARF tax rules could create operational strain and weaken the city’s competitiveness.
Japan is moving closer to a flat 20% crypto tax rate under its 2026 reform plan, though the lower levy will apply only to assets deemed “specified” under new regulatory rules.
The plan proposed by Sumar also seeks to classify all cryptocurrencies as seizable assets and require the introduction of a visual “risk traffic light” warning system for investors.