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German finance ministry proposes 25% crypto tax starting 2028: report

Published Source: CoinTelegraphRead original

Crypto Insight Summary: The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains tax-free after one year of holding. Crypto Insight Analysis: Direction: Bearish Crypto Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Proposed tax could deter crypto investment in Germany, but implementation is years away.

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