Netherlands: 36% Tax on Self-Custody Crypto Gains

Netherlands officials revealed plans to apply a 36% tax on unrealized capital gains for Bitcoin and altcoins held in self-custody, treating all crypto assets identically despite clear differences in utility and risk. Self-custody holders face immediate taxation on paper gains, while regulated fund routes remain closed to average investors because no Dutch crypto funds meet regulatory standards, forcing a €100,000 entry point for realized-gains treatment only. This structure widens the gap between retail participants and institutions, accelerating capital flight into offshore structures and reshaping Dutch crypto market participation patterns.