Headline: Германия может признать биткоин стратегическим активом для защиты финансовой свободы Translation: Germany may recognize Bitcoin as a strategic asset to protect financial freedom.

The German parliament is set to review a resolution calling for the recognition of Bitcoin as a unique decentralized digital asset that warrants a strategic approach.

The document was submitted to the Bundestag by the Alternative for Germany party, which aims to ease regulations surrounding Bitcoin.

The proposal argues that digital gold is fundamentally different from other crypto assets and should not fall under the European-wide regulatory framework known as MiCA.

«Excessive regulation of providers and users of Bitcoin services through national regulations threatens Germany’s innovative potential, financial freedom, and digital sovereignty,» states the resolution.

While the current taxation regime for Bitcoin is «essentially positive» (with no VAT), there remains legal uncertainty that hinders private long-term investments, according to the party.

The group has urged lawmakers to consider Bitcoin as a strategic asset within national reserves:

«The German government has yet to strategically recognize Bitcoin, for instance, as a technology for energy integration or, during periods of increasing monetary instability, as an asset held in currency reserves.»

The authors of the document also advocate for maintaining the current 12-month holding period for tax-exempt income, exempting the first cryptocurrency from VAT, and ensuring the right to self-custody for individuals.

It is worth noting that in the summer of 2024, German authorities sold 49,858 BTC for €2.6 billion ($2.88 billion). These assets were confiscated from the piracy site Movie2k in January.