The German Free Democratic Party urges the German government to consider Bitcoin as a strategic asset
BlockBeats News, October 29: Germany's main opposition party, the Alternative for Germany (AfD), has officially submitted a motion to the federal parliament opposing excessive regulation of Bitcoin. The motion was submitted on October 23, arguing that Bitcoin is fundamentally different from other cryptocurrencies and should not be included in the European Union's unified cryptocurrency market regulation framework (MiCA).
In the motion, the Alternative for Germany party pointed out that the current tax treatment of Bitcoin is "overall positive," but there is still legal uncertainty that hinders long-term private investment. The party also called on German lawmakers to consider Bitcoin as a strategic asset for national reserves, advocate for maintaining the current tax exemption for 12-month holding periods, keeping Bitcoin exempt from value-added tax, and ensuring individuals' rights to self-custody.
You may also like
Gainers
Latest Crypto News
The probability of a rate hike by the Bank of Japan in December has surged to 85%, making monetary policy tightening almost a certainty.
The AZTEC Token Sale has successfully locked 12,500 ETH and will commence its public sale today.
PIPPIN's Counter-trend Rally Surpasses $200 Million in Market Cap, with a 24-hour Gain of 42.3%
GANA Payment has announced that they will fully compensate $3.1 million and will restart operations on December 2nd.
Solana Ecosystem Meme Coin KABUTO Surpasses $13 Million Market Cap Briefly, with a 327% Price Increase in 24 Hours
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]