Crypto taxation refers to the taxation of transactions and holdings of cryptocurrencies such as Bitcoin, Ethereum, and other digital assets. Taxpayers in Denmark usually have to report gains and losses from buying, selling and trading cryptocurrencies. Gains are basically taxed as personal income and losses can yield deductions as an equational deduction. The offsetting of losses into gains rarely occurs, but can occur in certain situations. There are also crypto contracts ex. Stabelcoins (USDT), which are considered financial contracts, which are subject to inventory taxation.
