Countries Review Crypto Tax Rules as BTC Remains Below $70,000
Governments worldwide are accelerating reviews of cryptocurrency tax regimes as they seek to bring digital assets within existing income and capital gains tax frameworks. In February, the Dutch government considered imposing a 36% capital gains tax on cryptocurrencies, while the United States also reassessed its crypto tax policies. The changes could affect investors' holding costs and the flow of capital through the market.
BTC has recently faced pressure from external factors including US tariff policy and continued to consolidate below $70,000 in February without a clear breakout. Meanwhile, the number of cryptocurrency ATMs in the United States has recovered to 2021 levels, signaling a revival in physical exchange and retail infrastructure.
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