Slovenia is one of the Cryptocurrency Tigers around Europe.
Last April the Finance Ministry of Slovenia proposed a law to levy a 10% tax on all fiat-to-crypto conversions and cryptocurrency transfers. Now the country is getting ready to start taxing cryptos. Given that this will work out as an experiment in the eyes of several countries if everything goes well many other countries in Europe should follow.
Thing is, it puzzles me how are they going to tax cryptos... what sort of technics will the country develop to track all cryptocurrencies in circulation?
Eventually the others will follow yes. You didn't think the current state of chaos in crypto would last forever, did you? As crypto gets adopted, it is only natural for the governments to want to tax them. Otherwise it wouldn't be fair to the other investments. You make money from owning stocks, you get taxed, why wouldn't you when you make money from crypto? It is the same thing.