European Commission Assesses Unified Crypto Tax, Projects €20 Billion Revenue Over Seven-Year Budget Cycle

According to BlockBeats, on May 30, the European Commission projected that a potential new EU-wide tax on crypto companies could generate approximately €20 billion in new revenue during the 2028-2034 budget cycle. The Commission assessed specific tax proposals: a 0.1% crypto transaction value tax could produce €3-4 billion annually, while a crypto capital gains tax could generate €1-2.4 billion yearly. The proposals aim to address EU budget funding sources and are currently under negotiation among member states.
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MiningMachineRepairVAntminervip
· 8h ago
Buy the dip 😎
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