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Germany's Alternative for Germany Party Urges Government to Consider Bitcoin as a Strategic Asset

Summary: According to reports, Germany's main opposition party, the Alternative for Germany (AfD), has formally submitted a motion to the federal parliament opposing excessive regulation of Bitcoin. The motion, submitted on October 23, argues that Bitcoin is fundamentally different from other cryptocurrencies and should not be included in the European Union's proposed Markets in Crypto-Assets (MiCA) ...

According to reports, Germany's main opposition party, the Alternative for Germany (AfD), has formally submitted a motion to the federal parliament opposing excessive regulation of Bitcoin. The motion, submitted on October 23, argues that Bitcoin is fundamentally different from other cryptocurrencies and should not be included in the European Union's proposed Markets in Crypto-Assets (MiCA) regulatory framework. The AfD points out in the motion that the overall tax treatment of Bitcoin is positive, but there is still legal uncertainty hindering long-term private investment. The party also calls on German lawmakers to consider Bitcoin as a strategic national reserve asset, advocate for maintaining the current tax exemption for profits held for 12 months, keeping Bitcoin exempt from value-added tax, and ensuring individual self-custody rights.

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