{"id":2403,"date":"2025-10-31T10:47:34","date_gmt":"2025-10-31T09:47:34","guid":{"rendered":"https:\/\/bitcoin-bundesverband.de\/spd-calls-for-abolition-of-tax-exemption-on-bitcoin\/"},"modified":"2026-03-12T12:52:56","modified_gmt":"2026-03-12T11:52:56","slug":"spd-calls-for-abolition-of-tax-exemption-on-bitcoin","status":"publish","type":"post","link":"https:\/\/bitcoin-bundesverband.de\/en\/spd-calls-for-abolition-of-tax-exemption-on-bitcoin\/","title":{"rendered":"SPD calls for abolition of tax exemption on Bitcoin"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text css=”.vc_custom_1761903254372{margin-top: -50px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #F7931A !important;}”]\n

SPD “Seeheimer Kreis” demands abolition of tax exemption on Bitcoin<\/span><\/h1>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]\n

SPD “Seeheimer Kreis” calls for abolition of tax exemption on Bitcoin – a step backwards for innovation and financial sovereignty<\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]The conservative Seeheimer Kreis<\/strong> within the SPD has called for the abolition of the tax-free holding period for cryptocurrencies<\/strong> in a new strategy paper<\/strong>. At the same time, the group is advocating the introduction of a digital euro<\/strong>. According to the paper, the aim is to “limit speculative risks, consumer damage and financial crime” – a step that would have far-reaching consequences for the use of Bitcoin in Germany.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”2404″ img_size=”full” alignment=”center” onclick=”custom_link” css=”” link=”https:\/\/x.com\/tiefseher\/status\/1982825787381211559?s=43″][vc_column_text css=””]Source: Daniel D. Eckert (@Tiefseher auf X) <\/a><\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]\n

Tax exemption after one year to be abolished<\/h3>\n

The current rule in Germany is that anyone who holds Bitcoin or other cryptocurrencies for longer than one year<\/strong> can realize the profits made tax-free. According to the SPD-Seeheimers, this regulation should be abolished. In future, “capital gains should be taxed uniformly regardless of the holding period”. This would effectively treat Bitcoin as a permanently taxable asset<\/strong> – regardless of whether it is used as a long-term means of saving or as a means of payment. <\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]\n

Bitcoin is not the same as crypto<\/h3>\n

The Bitcoin Bundesverband<\/strong> points out that Bitcoin<\/strong> is fundamentally different from other so-called “crypto-assets”.
Bitcoin is not a speculative token<\/strong> that is issued by a company or can be centrally controlled, but a decentralized, open money system<\/strong> that works without intermediaries. While many “crypto projects” are geared towards short-term profits and tokenization, Bitcoin stands for long-term value preservation and financial independence<\/strong>. <\/p>\n

A blanket equal treatment of all digital assets does not do justice to<\/strong> this difference and jeopardizes the acceptance and use of Bitcoin as a digital, borderless means of payment<\/strong>.<\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]\n

Each payment would be a taxable event<\/h3>\n

Abolishing the holding period would have far-reaching consequences:
Every everyday Bitcoin payment<\/strong>, for example for a coffee, a train ticket or a donation, would become a tax-relevant event<\/strong>. Users would have to document the time of purchase and market value for each transaction<\/strong> in order to calculate potential gains or losses.
This makes everyday payments with Bitcoin practically impossible<\/strong> and thwarts the idea of a decentralized, user-friendly payment alternative<\/strong>. <\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]\n

Location disadvantage for Germany<\/h3>\n

Such a tax change would also be problematic from an economic perspective.
While other countries in Europe – such as Austria or Portugal – are creating more crypto- and innovation-friendly framework conditions<\/strong>, Germany would lose further attractiveness with an additional tax burden.
Companies, developers and start-ups working on Bitcoin or blockchain technologies could move away – a clear disadvantage in the competition between European locations.<\/strong><\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]\n

Digital euro: not progress, but more control<\/h3>\n

The demand for a digital euro<\/strong> is presented by the SPD as a step towards a secure and modern payment system.
From the perspective of the Bitcoin Bundesverband<\/strong>, however, the introduction of a state-controlled, centralized digital money does not make sense<\/strong>.
A digital euro would not solve any of the fundamental problems of the existing financial system – on the contrary, it could lead to greater surveillance and control of citizens<\/strong>.
The fact that the SPD is simultaneously promoting such a state system, but wants to effectively prevent decentralized, digital cash such as Bitcoin<\/strong> through tax hurdles, shows a worrying imbalance<\/strong> in the political debate.<\/p>\n

In contrast to the digital euro, Bitcoin offers genuine financial sovereignty<\/strong>: everyone can dispose of their own money without having to rely on banks or state systems. Instead of control and surveillance, trust is needed in open, verifiable systems<\/strong>. <\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]\n

Conclusion: not progress, but a step backwards<\/h3>\n

The Bitcoin Bundesverband sees the Seeheimer Kreis’ proposals as a step backwards<\/strong> in the direction of digital personal responsibility and innovation<\/strong>.
Taxing even the smallest transaction would make the everyday use of Bitcoin virtually impossible.
Instead of putting the brakes on innovation, Germany should create framework conditions<\/strong> that promote financial education, technological openness and sovereignty<\/strong> – and clearly take into account the differences between Bitcoin<\/strong> and crypto-assets<\/strong>.<\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=””]\n

Sources:<\/strong><\/p>\n