News
The German financial regulator in March froze USDe token offerings over alleged compliance breaches and potential securities law failures.
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Germany News
Germany, officially the Federal Republic of Germany, is a country in central-western Europe. Germany is a powerful country with a strong economy that is fourth in the world by nominal gross domestic product, or GDP. Germany has an evolving regulatory setup for crypto businesses overseen by Germany’s Federal Financial Supervisory Authority (BaFin). Assessment depends on the nature of tokens and involves laws like the German Securities Trading Act and MiFID 2 for financial instruments.
Section 1 (11) sentence 5 of the German Banking Act excludes certain items from being considered crypto assets, such as electronic money, limited network payment systems, specific electronic vouchers, and non-tradable electronic tokens in multipartner programs.
Germany is considered crypto-friendly and treats cryptocurrencies like Bitcoin (BTC) as private money under tax laws. Cryptocurrency transactions by individuals in the European Union, including Germany, are exempt from value-added tax (VAT). Short-term capital gains (held for less than a year) are subject to income tax at regular rates, capped at 45% plus 5.5% Solidarity Tax. Profits under 600 euro are tax-free. Assets held for over a year incur no tax liability. Long-term holdings, even if value increases, remain tax-free. Germany’s stance favors long-term investors, providing exemptions for small transactions and VAT, promoting a friendly environment for crypto enthusiasts.
- News
Bitpanda secures its third MiCA license, in Austria, expanding its regulatory footprint across the EU as questions emerge over multi-license necessity.
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German regulator halted USDe token offering, citing serious compliance failures and potential securities law violations.
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Deutsche Boerse’s Clearstream to offer crypto custody and settlement services for institutional clients, expanding its Bitcoin and Ether offerings in 2025.
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DekaBank’s entrance into crypto trading marks a case of MiCA’s positive impact on industry adoption within the European Union.
7005 - How to
Explore the safest ways to buy Bitcoin in Germany and France, and learn the best ways to store it.
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Bitpanda CEO Eric Demuth highlighted the importance of consistent and robust MiCA enforcement to ensure the framework’s efficiency.
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Once finalized, the license will let Crypto.com operate across the EU under a unified regulatory framework.
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Boerse Stuttgart Group CEO Matthias Voelkel expressed a bullish stance on cryptocurrency, disclosing personal Bitcoin holdings.
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Politicians in Germany and Hong Kong have signaled their interest in adopting strategic Bitcoin reserves for their nations.
15689 - New Year Special
Bitcoin crossed $100K, marking a bullish year. Still, legal battles, regulatory crackdowns and poor decisions tested the industry.
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German regulators demand compliance changes from World ID after a biometric data investigation.
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The OECD’s policy paper highlights AI’s potential to reshape G7 tourism, enhancing sustainability and visitor experiences while addressing risks.
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Deutsche Bank is building a layer-2 blockchain on Ethereum using ZKsync to enhance compliance in regulated finance.
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According to a survey from blockchain firm Consensys, half of the respondents from Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet.
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