Czech Republic Enacts Tax Exemption for Long-Term Bitcoin Holdings

The new law exempts Bitcoin held for over three years from capital gains tax and aligns with EU crypto regulations.

President Petr Pavel signed a bill exempting Bitcoin holdings of more than three years from capital gains tax, making it official law.
The exemption also applies to cryptocurrencies purchased before 2025, provided they meet the holding period requirement.
Crypto transactions under 100,000 koruna (approximately $4,100) annually will no longer require tax reporting.
The law aligns with the EU's Markets in Crypto-Assets (MiCA) regulatory framework to promote competitive crypto policies.
The Czech National Bank is exploring allocating up to 5% of its reserves to Bitcoin as part of a diversification strategy.