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Denmark Becomes First Country to Tax Unrealized Crypto Gains

  • Denmark has become the first country to tax unrealized gains from crypto assets.
  • Starting from January 1st, 2026, the Danish government will impose a 42% tax on unrealized gains from crypto assets.
  • This tax will apply to both new crypto purchases after 2026 and crypto acquired as far back as January 2009.
  • Denmark aims to ensure fair taxation and prevent tax evasion by taxing the increased value of cryptocurrencies, even if they haven't been sold.

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