Germany to abolish tax on the sale of BTC and ETH stored for over a year
Previously, digital assets had to be held for ten years to become tax-free
12.05.2022 - 15:15
1100
2 min
0
What’s new? The German Ministry of Finance has made changes to its cryptocurrency policy. Authorities reported that the sale of purchased bitcoins and Ethereum will not be taxed if individuals hold these assets for more than one year. This policy will apply even if the cryptocurrencies have been used for staking and lending. Previously, digital assets used in such activities had to be held for ten years to become tax-free.
Document on the website of the German Ministry of Finance
What else did the ministry say? Officials promised to continue working on the digital asset taxation policy and address any arising issues. To do this, they will work in close coordination with other financial authorities.
What events happened before? Germany ranked first in the international ranking of crypto-friendly countries for the first quarter of 2022. The country’s primacy was due to its decision to include crypto investments in the process of domestic savings. The adoption of cryptocurrencies in Germany is at a high level, with up to 44% of the population planning to invest in digital assets.
At the end of last year, the German authorities presented a document on the strategic development of the economy until 2025. It noted that the government would focus on improving the regulation of the digital asset industry.
Useful material?
Incidents
In a single week, hackers went after PHP websites, the Railway cloud platform and a medical company, and experts started talking about a crisis that is only just beginning.
Oct 28, 2026
Incidents
In 104 minutes, the attacker emptied 1,404 addresses before validators halted the network and froze almost all of the loot.
Oct 19, 2026
Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Telegram
Twitter