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A petition to preserve Germany's one-year tax-free holding period for Bitcoin has reached the Bundestag's petitions committee, with a hearing set for 12 October, just two days before the cabinet reviews a draft reform that would scrap the exemption.
SPD politician Parsa Marvi tells BTC-ECHO that Germany's coalition government wants to align crypto gains tax treatment with other capital income, potentially ending the one-year tax exemption as early as 2027.
A petition to preserve Germany's one-year crypto tax exemption has surpassed the signature quorum needed for a Bundestag hearing, as former FDP MP Frank Schäffler lobbies CDU lawmakers against the government's draft reform.
Frank Schäffler is mobilising a letter-writing campaign against a Finance Ministry draft that would scrap Germany's one-year tax-free holding period for bitcoin and other cryptocurrencies.
A coalition including Nasdaq, Börse Stuttgart and Adan has written to EU lawmakers demanding the DLT Pilot Regime's caps on tokenised securities platforms be abolished or lifted to at least €1.5 trillion, arguing the Commission's €100 billion proposal still falls short.
A week of contrasts in crypto: Bitcoin spot ETFs bleed capital while XRP funds attract fresh money, Blockstream chases down stolen Bitcoin, Bitwise shutters its Dogecoin ETF, and Berlin floats a flat 25 percent crypto tax from 2028.