What’s changing in Europe

A practical watchlist of rules, proposals and market shifts that may affect how people move, work and invest.

Reported 2026-09-30European UnionProposal

CryptoEU

Submitted on 30 Sept 2026 as part of the MiCA review
It would let regulators freeze crypto assets on reasonable suspicion of financial crime
Regulators could also take down scam websites and act against non-EU firms targeting EU users
It also proposes rules for crypto influencer marketing and full cost disclosure

Reported 2026-09-01PolandStalled

CryptoEU

The Sejm's attempt to override the president's veto failed in September, 25 votes short of a three-fifths majority
It is the third failed attempt after vetoes in Dec 2025, Feb 2026 and June 2026
Polish firms have to get licensed in other EU countries. Providers licensed elsewhere can serve Poland
The Finance Ministry is preparing a new draft

GermanyIn force

CryptoEU

The cabinet's draft Income Tax Reform Act 2027 does not touch crypto
Crypto held for more than one year can still be sold tax-free
Proposals to scrap the exemption are still around, but there is no draft law yet
Keep records of your purchase dates and prices whatever happens

CzechiaIn force

CryptoEU

Crypto held for more than 3 years can be sold tax-free, up to CZK 40m a year
If your total yearly sales stay under CZK 100,000, they are also tax-free
Other gains are taxed at 15%, or 23% above about CZK 1.76m, with no social contributions
The holding period counts from your original purchase date, even before Feb 2025

BulgariaIn force

CryptoEU

Individuals pay a 10% flat tax on crypto gains
According to the guide, swapping one coin for another, for example ETH to BTC, is a taxable event
Staking, lending, airdrops and yield farming are taxed as income when you receive them
Track every transaction, as MiCA brings more oversight