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Germany’s AfD urges government to treat Bitcoin as strategic asset

Cointelegraph
Germany's AfD party submitted a motion urging the government to recognize Bitcoin as a unique strategic asset outside MiCA regulation.

Summary

Germany's main opposition party, Alternative for Germany (AfD), has officially submitted a motion to the Bundestag opposing the overregulation of Bitcoin (BTC) under the EU's Markets in Crypto-Assets (MiCA) framework. The AfD argues that Bitcoin is fundamentally different from other crypto assets and that MiCA implementation risks Germany's innovative capacity and digital sovereignty. The party urges lawmakers to treat Bitcoin as a strategic asset, potentially for national reserves, and to maintain favorable tax treatment, including the current 12-month holding period for tax-exempt gains. While the AfD seeks regulatory easing, a recent Chainalysis report suggests that the MiCA framework has helped position Germany favorably for crypto firms.

(Source:Cointelegraph)