Key Takeaways
- The change would apply to post-2026 purchases.
- New holdings would lose the one-year exemption.
- Older holdings would retain the current rules.
- Provider withholding would reportedly begin in 2028.
- Stablecoins, NFTs and yield products remain unclear.
What Germany is reportedly considering
Deutschlandfunk reported on September 9 that Germany’s Finance Ministry is considering taxing gains from Bitcoin, Ether and other exchangeable crypto assets under the regime used for capital income.
The reported proposal would bring realised gains into Germany’s 25% capital-income tax regime regardless of the holding period. The solidarity surcharge and, where applicable, church tax could increase the effective rate.
The Finance Ministry has not published the underlying draft, so the proposal is not law and may change before reaching parliament.


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