German finance ministry proposes 25% crypto tax starting 2028: report

The German Ministry of Finance is reportedly proposing a 25% tax on cryptocurrency gains, potentially starting in 2027 or 2028. This plan marks a significant shift from existing laws, which currently allow crypto gains to remain tax-free if assets are held for over one year. According to reports, the new tax would only apply to future crypto buyers, while assets purchased before 2027 would maintain the current twelve-month exemption from taxation in Germany.