EU plans to introduce unified tax for crypto industry, expecting to increase revenue by 20 billion euros over seven-year budget cycle

May30 News, according to politico, the European Commission estimates that if a unified EU tax system is implemented for crypto companies during the new seven-year budget cycle from 2028 to 2034, it is expected to generate an additional approximately 20 billion euros in fiscal revenue. According to the assessment, a 0.1% crypto transaction tax could bring in 3 billion to 4 billion euros annually, while crypto capital gains tax could generate 1 billion to 2.4 billion euros annually. This tax proposal aims to broaden the funding channels for the EU's common budget, and the relevant plan has entered the negotiation stage among member states.