Cointelegraph reported that the German government is pushing for a reform of the BTC and cryptocurrency taxation system starting in 2027. Finance Minister Lars Klingbeil announced on the 29th of last month, at a press conference regarding the 2027 budget, his intention to change the taxation method for virtual assets. Currently in Germany, if cryptocurrencies are sold within one year of acquisition, taxes are imposed, but if held for more than one year, capital gains are tax-exempt. Due to this system, Germany has been considered one of the leading long-term investment-friendly countries in Europe. The media stated, "Although Minister Klingbeil did not directly mention the long-term holding tax exemption system, industry players such as the German Bitcoin Association believe that if the government intends to increase cryptocurrency tax revenues, it is highly likely to address the tax exemption system first."
