Germany’s finance ministry is pushing a new bill that would end the tax break for long-term crypto holders. Under the proposal, profits from selling Bitcoin and other crypto assets would be taxed no matter how long you’ve held them.

What’s changing?

Right now, if you sell crypto after holding it for a year, you’re usually off the hook for capital gains tax. The new draft law kills that rule for future purchases: any profits from selling crypto will get taxed, regardless of how long you HODL. If you bought your coins before the new rules kick in, the current tax exemption stays in place.

When does it start?

The proposed changes would apply to crypto assets bought from January 1, 2027. Starting in 2028, platforms would be required to automatically withhold taxes from your crypto sales.

Where’s the bill now?

The draft law is still making its way through Germany’s internal government approval process.