The Netherlands is drafting 2028-2029 tax rules that would punish self-custody crypto holders.
Under the proposal: if you hold $BTC in your own wallet, you'd owe tax on unrealized gains—before selling. But if you buy a Bitcoin tracker through a broker, you only pay tax when you sell.
The result: holders might be forced to liquidate $BTC just to cover the tax bill, while brokerage customers can keep holding.
The irony? Bitcoin was designed to eliminate financial middlemen. Now the tax code is incentivizing you to use one.
Under the proposal: if you hold $BTC in your own wallet, you'd owe tax on unrealized gains—before selling. But if you buy a Bitcoin tracker through a broker, you only pay tax when you sell.
The result: holders might be forced to liquidate $BTC just to cover the tax bill, while brokerage customers can keep holding.
The irony? Bitcoin was designed to eliminate financial middlemen. Now the tax code is incentivizing you to use one.
