
Circle Exec Slams Germany's Proposed 50% Crypto Tax Penalty
- —Without proof of purchase, assets are assumed bought after Dec 31, 2026
- —Tax would be levied on 50% of sale proceeds
- —Hansen: rule hits retail investors with little tax expertise hardest
- —Lawyer Hötzel: measure creates liquidity risks for transfers from self-custody
Why it matters: The reform could curb German investor activity and push capital toward foreign platforms.
Source: Bitcoin.com