This is a short fragment of the Dutch government talking about
#Crypto.
In their words 'crypto's..' in a simplified way exaggerating that every crypto is the same.
These folks have zero clue what crypto assets are. Literally zero.
In the Netherlands, you'll be required to pay 36% unrealized capital gains tax if you're holding them in self-custody on your
#Bitcoin and
#Altcoins.
Completely lunatic.
But, they say, if you invest in a fund, then that will be excluded and you'll only have to pay 36% on the realized gains.
However, as none of the Dutch funds are regulated, it means that it requires the investor to invest €100.000 in order to be eligible for that.
The average investor is being bankrupted by the government, and the government is simply too stupid to see it.