the state of your defi and hello

From January 1, 2025: the exemption threshold of €2,000 is eliminated. This means that any capital gain, even minimal, will be taxable.
5. Future scenarios and distinction between “classic cryptos” and euro tokens (2026 onwards)
According to the current regulatory framework, the taxation at 33% (from 2026) will apply to capital gains from “classic” crypto-assets (e.g., Bitcoin, Ethereum, non-euro stablecoins, NFTs, etc.).
However, the draft of the 2026 budget law (October 2025) includes a reduced rate of 26% for “electronic money tokens denominated in euros” (i.e., euro-compliant stablecoins, pegged to the euro, with reserves in euros in Europe).