German parties push to end tax exemption for long-term crypto holdings

Two German political parties, Alliance 90 and the Green Party, are pushing to eliminate the country's tax exemption for long-term cryptocurrency holdings, U.Today reported. Under current German law, capital gains from crypto assets held for more than one year are tax-free, while gains on assets held for less than a year are taxable. The two parties argue that cryptocurrencies should be treated the same as stocks, requiring capital gains tax to be paid regardless of the holding period.