Crypto Comeback? Germany’s Next Ruling Party Reverses Its Stance

Source Bitcoinist

Germany’s Christian Democratic Union (CDU) has radically altered its position on cryptocurrency from critic to advocate in the run-up to the formation of the nation’s new government.

The political party, once a leader in advocating hardline regulations against digital assets, now seeks to transform Germany into a Bitcoin business hub, recent reports indicate.

CDU Unveils Pro-Crypto Plans Following Electoral Success

The CDU’s new path came following the victory of Germany’s February 23 elections. The CDU places high value on the issue of cryptocurrencies, a party representative said in an interview with BTC Echo, a German digital currency media platform.

In its Agenda 2030, which the representative said they introduced in January 2025, they “expressly commit” themselves to shaping Germany as an ideal destination for the crypto economy.

This represents a full turnaround from the early part of 2024, when the party—then opposition—suggested prohibiting some transactions and forcing registration for self-hosted crypto addresses. Such proposals upset numerous people in Germany’s bitcoin circles who perceived them as threats to financial freedom.

Proposed Scrapping Of Germany’s Crypto Tax Break

The official coalition treaty between the CDU, its Bavarian sister party CSU, and the Social Democratic Party (SPD) was signed on April 9. It contains only a brief mention of digital assets, vowing to “examine the regulation of crypto assets, the grey capital market and shadow banks for loopholes and close them if necessary.”

As per reports, the SPD had proposed eliminating Germany’s generous crypto tax break in March negotiations. German investors currently do not pay taxes on profits from Bitcoin, Ethereum, or other digital currencies if they keep them for over a year before selling them. This suggestion was excluded from the final deal.

Party Seeks ‘Balance’ Between Innovation And Security

The CDU’s spokesperson underlined that the party is now “fundamentally open to crypto assets” as part of the development of a new financial system.

“We see huge potential for innovation in the underlying blockchain technology,” they added, citing applications in cybersecurity and enhancing value chains.

Meanwhile, the party has not discarded all worries. The representative emphasized that any new legal framework should avoid money laundering and financing terrorism, something they say “still happen with some crypto assets.” The CDU’s reported aim is a “balanced approach to supporting innovation and security.”

New Gov’t Confronts Numerous Priorities Beyond Crypto

CDU chief Friedrich Merz is expected to be the chancellor when the new government is to be sworn in in the first week of May. Yet, crypto regulation might not be at the spotlight. According to reports, Berlin will have to tackle numerous urgent issues such as economic problems, migration policy, and defense issues.

Featured image from Hashdex, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD drifts higher above $3,050 amid escalating US-China trade tensionsThe Gold price (XAU/USD) edges higher to around $3,080 during the late American session on Wednesday. The safe-haven demand amid escalating trade tensions between the United States and China provides some support to the precious metal. 
Author  FXStreet
4 Month 10 Day Thu
The Gold price (XAU/USD) edges higher to around $3,080 during the late American session on Wednesday. The safe-haven demand amid escalating trade tensions between the United States and China provides some support to the precious metal. 
placeholder
Gold Price Forecast: XAU/USD retreats further from all-time highs of $3,245 Gold price is back in the red early Monday, snapping a three-day record rally to lifetime highs of $3,245 set on Friday.    
Author  FXStreet
4 Month 14 Day Mon
Gold price is back in the red early Monday, snapping a three-day record rally to lifetime highs of $3,245 set on Friday.    
placeholder
BNB Price Reclaims $600 — Is This the Start of a Major Upside Move?BNB price is rising from the $580 support zone. The price is now consolidating gains above $600 and might aim for more gains in the near term. BNB price is attempting to recover above the $615
Author  FXStreet
4 Month 23 Day Wed
BNB price is rising from the $580 support zone. The price is now consolidating gains above $600 and might aim for more gains in the near term. BNB price is attempting to recover above the $615
placeholder
Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into ViewEthereum, the second-largest cryptocurrency, has increased by 12.3% over the past seven days. Interestingly, Ethereum has held its ground firmly, supported by a clean uptrend that began after the
Author  NewsBTC
4 Month 27 Day Sun
Ethereum, the second-largest cryptocurrency, has increased by 12.3% over the past seven days. Interestingly, Ethereum has held its ground firmly, supported by a clean uptrend that began after the
placeholder
Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – DetailsAn analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC)
Author  NewsBTC
4 Month 29 Day Tue
An analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC)
goTop
quote