Slovenia’s finance ministry is proposing a 25% tax on profits from crypto trading for residents, part of a new draft law currently undergoing public consultation. The legislation aims to tax individuals when they sell cryptocurrency for fiat or use it for purchases, while wallet-to-wallet transfers will be exempt. Finance Minister Klemen Boštjančič argued that it is unreasonable for this speculative financial instrument to remain untaxed. Opposition lawmaker Jernej Vrtovec criticized the move, suggesting that excessive taxation could hinder Slovenia's potential as a crypto-friendly nation, encouraging young people and investments to flee abroad. The proposal will be open for public consultation until May 5, with potential enactment on January 1, 2026. Although Slovenia previously introduced a tax framework in 2023, capital gains from casual crypto trading remained untaxed. Current users of cryptocurrencies in Slovenia are projected to reach about 98,000 by 2025, highlighting a growing market that could be negatively impacted by such regulatory changes.

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