Berlin delays bitcoin tax debate as Ledger hardware hack widens
- —Germany's cabinet debate on bitcoin tax postponed, January 1 start date now uncertain
- —MediaMarkt and Saturn stopped selling Ledger devices online and in stores
- —Ledger asked resellers in Southeast Asia and Hong Kong to pull wallets from shelves
- —Experts estimate losses from compromised devices at more than $100 million
Why it matters: The German tax delay and the Ledger trust crisis could weigh on hardware wallet demand and BTC selling activity in Europe.
Source: Block-Builders