Slovenia plans to introduce a new tax on cryptocurrency profits as proposed by the Ministry of Finance. This new regulation could significantly change the cryptocurrency investment environment in the country.
New Cryptocurrency Tax in Slovenia
Slovenia is proposing a 25% tax on profits from cryptocurrencies starting January 1, 2026. This draft law, presented by the Ministry of Finance, aims to eliminate the legal gray areas allowing individuals to profit without paying taxes. Finance Minister **Klemen Boštjančič** emphasized the importance of fair taxation across asset classes, noting that profits from cryptocurrencies, unlike those from stocks and bonds, remain untaxed.
Expected Effects of the New Tax
Critics, including National Assembly member **Jernej Vrtovec**, warn that high taxes may discourage cryptocurrency investment in Slovenia. Conversely, cryptocurrency-to-cryptocurrency exchanges will remain tax-free due to enforcement complexities. The government expects this tax to increase state revenue by up to €25 million annually.
Growth Prospects of the Cryptocurrency Market
Slovenia's cryptocurrency user base is projected to reach 98,000 by 2025, with a market size of $2.8 million. As of April 18, 2025, the price of Bitcoin (BTC) stands at $84,556.94, with a market cap of $1.68 trillion. The Coincu research team notes that aligning crypto taxation with other financial assets may drive less regulatory arbitrage, but could also reduce Slovenia's attractiveness for crypto innovation.
The introduction of a new tax on cryptocurrency profits in Slovenia has the potential to create significant changes in the tax policy and investment climate for cryptocurrencies, and its impact will depend on the reactions of both current and potential investors.
