This is how lending income is assessed for tax purposes by chain.report.
November 12, 2026
If you lend cryptocurrencies within a loan in order to earn returns, this is called lending.
Lending income is subject to income tax within the meaning of § 22 Nr. 3 EStG.
Lending income can therefore not be offset against losses from private disposals within the meaning of § 23 Abs. 1 Nr. 2 EStG.
We determine the tax-relevant gain using the current market value of the coins or tokens. This is also used as the purchase price for a later FIFO calculation.
In accordance with the current letter of the Federal Ministry of Finance (BMF) of May 2022, chain.report does not assume an extension of the holding period of the lending deposit to 10 years.
The later disposal of lending income is assessed as taxable within the meaning of § 23 Abs. 1 Nr. 2 EStG.