Slovenia plans to impose a 25% tax on personal cryptocurrency profits starting from 2026

According to Fxstreet, Slovenia plans to impose a 25% tax on personal cryptocurrency profits starting from January 1, 2026, subject to public feedback and parliamentary approval. The draft law proposed by the country's Ministry of Finance on Thursday aims to align the handling of cryptocurrency assets with other investment vehicles such as stocks, bonds, and mutual funds. At present, Slovenian law imposes taxes on cryptocurrency income obtained by businesses, but individual investors are in a legal gray area and can obtain huge profits tax-free. The proposed changes aim to end this disparity and establish a more balanced framework for capital gains of various assets. According to the Ministry of Finance, the new rules will apply to profits obtained from converting cryptocurrencies into legal tender such as euros or using them to purchase goods and services. However, according to the new guidelines, exchanges between cryptocurrencies (such as exchanging Bitcoin for Ethereum) will still be tax-free, considering the technical complexity and impracticality of taxing such transactions. It is worth noting that Slovenia's cryptocurrency regulatory proposal excludes securities tokens, central bank digital currencies (CBDCs), electronic currency tokens, and NFTs from the scope of taxable assets. The government estimates that this tax reform could increase the national budget by 2.5 to 25 million euros annually.