Slovenia’s crypto-friendly status faces test with new tax proposal
The proposed legislation exempts wallet transfers and crypto swaps but taxes crypto spent or sold for fiat.
Slovenia’s Finance Ministry has proposed a 25% tax on crypto trading profits, aiming to bring digital assets in line with other investments. The draft law, unveiled on 17 April, targets residents who convert crypto into fiat or use it for purchases.
Crypto-to-crypto trades and transfers between self-owned wallets would remain untaxed under the proposed rules.
Finance Minister Klemen Boštjančič defended the move, describing it as a step towards fairness rather than a revenue-generating effort. He emphasised that speculative instruments like cryptocurrencies should not be excluded from taxation.
Taxpayers would be required to report transactions annually, with profits calculated by subtracting purchase costs from sale values.
Critics argue the plan could harm Slovenia’s crypto-friendly image. Opposition MP Jernej Vrtovec warned that the tax may drive innovation and young talent abroad.
If adopted, the law will take effect from 1 January 2026. Slovenia already taxes mining and staking income, while hobbyist use remains exempt.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
About author
DW Team
The GIP Digital Watch Observatory team, consisting of over 30 digital policy experts from around the world, excels in the fields of research and analysis on digital policy issues. The team is backed by the creative prowess of Creative Lab Diplo and the technical expertise of the Diplo tech team.
