2.Investment vs Trading

Before the introduction of Article 20E, crypto gains often fell into a grey area, where the key question was whether your activities constituted “trading” or long-term investment. Now:

  • Gains from disposals are mostly captured by the flat 8% rule.

  • Other crypto-related income (such as mining rewards, staking rewards or DeFi yields) may still be subject to the ordinary personal income tax rules, which are progressive (up to ~35%).

For example:

  • Selling crypto after a long-term hold → taxable disposal under the 8% flat regime.

  • Earning crypto from staking or mining → may be taxed as ordinary income if considered active/business-related.