Crypto tax hike dropped from Germany’s new coalition agreement

Germany’s coalition parties have removed a proposed plan to tax crypto profits similar to traditional stock income, which aimed to impose a 30% tax. Instead, the government will prioritize reviewing crypto regulations and promoting the digital euro.

Despite intentions to improve the digital euro project, over 66% of Germans remain skeptical, voicing security concerns. The government is tasked with reassuring citizens as they progress with digital currency plans.