The German Parliament is set to review a motion urging the government to recognize Bitcoin as a unique, decentralized digital asset that deserves a strategic approach.
Germany’s main opposition party, Alternative for Germany (AFD), has submitted An official movement in the National Parliament, the Bundestag, opposing the Overregulation of Bitcoin (BTC).
Filed on Thursday, the motion argues that Bitcoin is fundamentally different from other crypto assets and should not fall under the European regulatory framework widely known as Markets in Crypto-Assets (MICA).
“Overregulation of Bitcoin service providers and users in the course of the National MICA Implementation is detrimental to Germany’s innovative capacity, financial freedom, and digital sovereignty,” the motion states.
Strategic role
In motion, the AFD noticed That the current tax treatment of BTC is “basically positive,” but there is still ongoing legal uncertainty that makes private long-term investments unsettling.
The group also called on German lawmakers to consider the growing trend of viewing Bitcoin as a strategic asset as part of the national reserve:
“The German government has so far failed to strategically recognize Bitcoin, for example as a technology for energy integration or, in times of increased financial instability, as an asset to be held within the framework of monetary reserves.”
The group advocated for maintaining the current 12-month holding period for tax gainsmaintains the VAT exemption of bitcoin, and ensures the right to Self-custody for individuals.
By filing the motion, the AFD Parliamentary Group has added Germany to the growing list of EU states that have called for the exploration of a national bitcoin reserve and circumvention of MICA regulations.
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On October 22, Éric Ciotti of the Union of the Right for the Republic led to a similar movement in Franceurged the government to relax mica regulation to promote stableco Central Bank Digital Currencies (CBDCS).
Not everyone believes that MICA has hindered the adoption of crypto in Europe. Fully implemented in late 2024, the MICA Framework has helped position Germany as a favored destination for crypto-domestic companies, according at the US Blockchain Analytics Company Chainalysis.
In the latest European Crypto adoption report, Chainalysis ranks Germany as the third-largest country in Europe by the total amount of crypto received.
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