#CelebratingNewYearOnGateSquare ‼️ The Dutch crypto community warns of capital outflow

🚨 The Dutch House of Representatives has advanced a bill imposing a 36% tax on capital gains from savings and most liquid investments, including cryptocurrencies.

Its final approval is expected in the Senate, but crypto investors are already warning that if passed, the country will lose many entrepreneurs.

Data shows that the tax reduces the total amount of 40-year savings from €3.32 million to €1.89 million, nearly halving it.