Tommaso
Sat Jun 08 2024
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6 answers
1220
Is BTC legal in Germany?｜. The BaFin crypto regulations and KWG (German Banking Act) state individuals and businesses may buy, sell, and trade cryptocurrencies. However, cryptocurrencies are not recognised as a form of legal tender in Germany.Yes, cryptocurrency is legal in Germany
Could you please clarify the legal status of Bitcoin in Germany? I've heard conflicting information, and I'm trying to understand the official stance. According to the BaFin crypto regulations and the German Banking Act, are individuals and businesses permitted to engage in the buying, selling, and trading of cryptocurrencies? And does this mean that cryptocurrencies, including Bitcoin, are considered legal in Germany? However, does this also imply that they are recognized as a form of legal tender in the country? I'd appreciate your clarification on these points.
