The European Union evaluates unified taxation for the crypto industry, potentially adding billions of euros in revenue to the budget.

Deep Tide TechFlow Notice — On May 30, Politico reported that a document submitted by the European Commission to member states and the European Parliament shows that the EU is assessing the possibility of bringing the crypto industry into a unified tax system, in order to find new sources of fiscal revenue for the 2028–2034 budget cycle.

The document estimates that, if a 0.1% tax is applied to the trading volume of crypto assets, it could generate about €3.0 billion to €4.0 billion in annual revenue for the EU; if taxes are imposed on crypto capital gains, it is expected to increase fiscal revenue by roughly €1.0 billion to €2.4 billion per year.

However, the European Commission also noted that, due to the still insufficient completeness of data related to the crypto industry, there is substantial uncertainty in revenue forecasts at this stage, and the final real-world effect may differ from the figures modeled.

The related proposal is still under review. To implement it formally, it would require unanimous approval from all 27 EU member states. If the process goes smoothly, this would become one of the most important discussions on unified tax policies targeting the crypto industry in the EU.