Germany Considers Recognizing Bitcoin as a Strategic Asset

Germany considers recognizing Bitcoin as a strategic asset.

The German parliament will review a resolution calling for the recognition of the first cryptocurrency as a unique decentralized digital asset deserving a strategic approach.

The document was submitted to the Bundestag by the Alternative for Germany party. Its aim is to achieve regulatory easing for Bitcoin.

The proposal asserts that digital gold is fundamentally different from other crypto-assets and should not fall under the pan-European cryptocurrency regulation system MiCA.

“Excessive regulation of Bitcoin service providers and users under national rules threatens Germany’s innovative potential, financial freedom, and digital sovereignty,” the resolution states.

The current tax regime for Bitcoin is “fundamentally positive” (with no VAT), yet legal uncertainty persists, hindering private long-term investments, the party noted.

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

“The German government has so far failed 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 document’s authors also advocate for maintaining the current 12-month holding period for tax-free income, exempting the first cryptocurrency from VAT, and ensuring the right to self-custody for individuals.

In the summer of 2024, German authorities sold 49,858 BTC for €2.6 billion ($2.88 billion). These assets were confiscated from the pirate portal Movie2k in January.