Michaël van de Poppe, founder of MN Trading and a market analyst, posted on X today, October 7, 2026, expressing strong opposition to a proposed taxation policy in the Netherlands. Van de Poppe stated, "The Dutch government wants to tax holding #Bitcoin, #Crypto, Physical Gold and Silver, with 36% unrealized capital gains, while they're going to tax holding those assets through an ETF or any other service provider with 36% realized capital gains. That's wrong. That's theft. That's the opposite of what it should be. That's why I'm supporting with their paper on why these taxes should be the same. Holding #Bitcoin in self-custody should be supported, not taxed."
This statement comes as digital asset markets experience significant activity, with Bitcoin trading at $84,097, down 1.7% over the last 24 hours. Recent reports indicate that Bitcoin ETFs have drawn $118.8 million, while Ethereum saw $201.89 million in outflows. The U.S. government also moved $103 million in crypto, including 833 BTC, to institutional custody solutions. Coinbase recently expanded its derivatives markets through an acquisition.
Van de Poppe's view implies that differing tax treatments for self-custodied digital assets versus those held via service providers could disincentivize self-custody, which he believes is a fundamental aspect of cryptocurrency. He suggests that such policies are detrimental to the underlying principles of digital assets and could negatively impact their adoption and perception within the country.
