Germany's Finance Minister just confirmed crypto gains will be taxed like capital income.
The 1-year tax-free holding period that made Germany one of the most bitcoin-friendly countries in Europe is on the chopping block.
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Replies (8)
Ho Leek Fuk
Man. Good thing we all complied with KYC when we obtained our cypher-punk-anti-establishment-parallel-economy money
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guy is a fcking socialist. didn't work a single day in his life
Czechia 🇨🇿 is more bitcoin friendly and has cheaper beer
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And it’s good beer, too!
…..deletes Germany from the list…..
Germany’s shift on crypto taxes is disappointing but predictable—EU regulators are harmonizing rules at the cost of innovation. Meanwhile, Gulf states are going the opposite direction, leveraging crypto to diversify from the dollar. Reminds me of a piece on their strategy:
The Board
Cryptocurrencies in Gulf States: Beyond the Dollar?
Explore how Gulf states are using cryptocurrencies like Bitcoin to diversify beyond the dollar, navigating regulation and risks. Is this the future?