Dutch crypto investors released a collective sigh of relief on Wednesday, after Eelco Heinen, the country’s finance minister, said he planned to amend controversial legislation that would tax unrealised gains on digital assets and other investments.

The law, approved by the Dutch House of Representatives on February 12, would require Dutch nationals to pay a 36% tax on crypto value increases, even if they haven’t sold any.

“I don’t think the law can pass as it is,” Heinen told Dutch television news service RTL Nieuws. “Something simply went wrong here, and the current law needs to be amended.”

The policy, dubbed the Actual…