Circle Policy Lead Questions $23 Billion EU Crypto Tax Revenue Forecast

Patrick Hansen, Circle's EU strategy and policy lead, has raised concerns about the European Commission’s projected €$23 billion crypto tax revenue over a seven-year period. He argues that users may shift to decentralized finance (DeFi) platforms or self-custody solutions if taxed on centralized exchanges, undermining expected revenues.

By Lockridge Okoth Sat, May 30, 2026 at 8:39 PM GMT+3 2 min read · Yahoo Finance · May 30, 2026, 17:39 UTC

Tickers: $CRCL

Topics: Circle crypto taxation DeFi EU policy stablecoins

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