Bitcoin
Bitcoin (BTC)
$104,052.00 -0.2553
Bitcoin price
Ethereum
Ethereum (ETH)
$2,505.78 0.4259
Ethereum price
BNB
BNB (BNB)
$654.94 0.67344
BNB price
Solana
Solana (SOL)
$153.37 0.80078
Solana price
XRP
XRP (XRP)
$2.15 0.32832
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 0.17381
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 0.99195
Pepe price
Bonk
Bonk (BONK)
$0.0000167 2.94373
Bonk price
dogwifhat
dogwifhat (WIF)
$0.850722 2.8938
dogwifhat price
Popcat
Popcat (POPCAT)
$0.365088 1.50149
Popcat price
Bitcoin
Bitcoin (BTC)
$104,052.00 -0.2553
Bitcoin price
Ethereum
Ethereum (ETH)
$2,505.78 0.4259
Ethereum price
BNB
BNB (BNB)
$654.94 0.67344
BNB price
Solana
Solana (SOL)
$153.37 0.80078
Solana price
XRP
XRP (XRP)
$2.15 0.32832
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 0.17381
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 0.99195
Pepe price
Bonk
Bonk (BONK)
$0.0000167 2.94373
Bonk price
dogwifhat
dogwifhat (WIF)
$0.850722 2.8938
dogwifhat price
Popcat
Popcat (POPCAT)
$0.365088 1.50149
Popcat price
Bitcoin
Bitcoin (BTC)
$104,052.00 -0.2553
Bitcoin price
Ethereum
Ethereum (ETH)
$2,505.78 0.4259
Ethereum price
BNB
BNB (BNB)
$654.94 0.67344
BNB price
Solana
Solana (SOL)
$153.37 0.80078
Solana price
XRP
XRP (XRP)
$2.15 0.32832
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 0.17381
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 0.99195
Pepe price
Bonk
Bonk (BONK)
$0.0000167 2.94373
Bonk price
dogwifhat
dogwifhat (WIF)
$0.850722 2.8938
dogwifhat price
Popcat
Popcat (POPCAT)
$0.365088 1.50149
Popcat price
Bitcoin
Bitcoin (BTC)
$104,052.00 -0.2553
Bitcoin price
Ethereum
Ethereum (ETH)
$2,505.78 0.4259
Ethereum price
BNB
BNB (BNB)
$654.94 0.67344
BNB price
Solana
Solana (SOL)
$153.37 0.80078
Solana price
XRP
XRP (XRP)
$2.15 0.32832
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 0.17381
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 0.99195
Pepe price
Bonk
Bonk (BONK)
$0.0000167 2.94373
Bonk price
dogwifhat
dogwifhat (WIF)
$0.850722 2.8938
dogwifhat price
Popcat
Popcat (POPCAT)
$0.365088 1.50149
Popcat price

UAE and Switzerland lead as premier locations with no crypto tax, research finds

Dorian Batycka
Edited by
News
UAE and Switzerland lead as premier locations with no crypto tax, research finds

A recent research report by Coincub and Blockpit highlights how varying tax policies, from zero taxes in the UAE to high rates in the U.S., shape crypto investment strategies.

The crypto taxation landscape varies widely across the globe, as revealed by a research report from Blockpit and Coincub.

Data reveals that the UAE remains an attractive destination for crypto investors, with no personal income or capital gains tax on cryptocurrency gains for individuals. Similarly, Switzerland positions itself as a tax haven, offering zero personal income and capital gains tax on crypto gains.

In Europe, the situation is more mixed. While some nations provide favorable tax conditions for long-term holdings, others maintain elevated tax rates. For example, Denmark has one of the highest personal crypto tax rates globally, with up to 53% of long-term and short-term capital gains from crypto being taxed by the local watchdog.

UAE and Switzerland lead as premier locations with no crypto tax, research finds - 1
Europe long-term crypto tax | Source: Blockpit

The report notes that, on average, many European countries impose relatively high taxes on crypto gains, but the old continent “has the most tax breaks for long-term hodling your Bitcoin.”

Meanwhile, the United States has the highest total gains and average tax rates of 17.5% (long-term) and
23.5% (short-term), what could potentially bring in tax revenues approximately $1.87 billion, the analysts estimate. They warn that high taxation could “discourage investment,” pushing crypto activities underground, or force investors to relocate to more tax-friendly jurisdictions.

“Nations like Vietnam, Turkey, and Argentina might prioritize attracting crypto investment, fostering technological innovation, and providing alternatives to unstable local currencies over immediate tax collection.”

Blockpit

Analysts indicate that the global approach to crypto taxation is set to undergo significant changes starting in 2025, driven by international initiatives such as the Crypto-Asset Reporting Framework and the Tax Administration for the Reporting of Crypto-Asset Activities.

Developed by the Organization for Economic Co-operation and Development, CARF aims to enhance tax transparency and combat tax evasion by creating a global framework for reporting crypto transactions. In parallel, TARKA is designed to facilitate cooperation among tax authorities in the 48 participating countries, per the report.