They will line up exactly as the IMF says. Some slavish people. If until now the tax was 10%, you will see it increase to 20% in August 2025.

❗️ROMANIA’S MINISTRY OF FINANCE: WE CANNOT EXACTLY UNDERSTAND THE LOCAL VOLUME OF THE CRYPTO MARKET

Tanczos Barna admitted that the state currently does not know the real size of the crypto market in Romania. The authorities will have a clear idea about this after crypto companies receive permission to operate in the country. Anyone who is in any way connected with digital assets will have to obtain the approval of the regulator: crypto ATM operators or platforms through which cryptocurrency transactions are carried out.

“We want to have a well-regulated cryptocurrency market. This is a very interesting, new and exciting area that is developing rapidly. “We need to join the ranks of countries that already regulate crypto companies,” said Tanczos Barna.

The Finance Minister has assured that Romania will offer crypto investors temporary tax breaks that will be valid until July 31, 2025. This should attract capital into the country’s economy, the official believes.

In addition to issuing permits, the Romanian government is preparing new measures to tax cryptocurrency transactions.

The Romanian Tax Authority (ANAF) cannot control transactions that bypass traditional financial mechanisms, Barna explained.

A few years ago, Romanian authorities amended the legislation, establishing a 10% tax on profits from cryptocurrency investments.

In 2023, local law enforcement carried out a series of searches at cryptocurrency traders suspected of tax evasion.