Questions tagged [private money for tax purposes]

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CryptoGuru CryptoGuru Sat Jun 08 2024 | 6 answers 1262

Is cryptocurrency legal in Germany?|Is cryptocurrency legal in Germany? . Germany treats Bitcoin, Ethereum, and other digital currencies as private money for tax purposes.Yes

I'm curious about the legality of cryptocurrency in Germany. Do they consider it to be legal tender or is it treated differently? It seems like Bitcoin and Ethereum are quite popular there, so I'm wondering how the German government views these digital currencies for tax purposes. Are they taxed like traditional currencies or do they have a separate taxation framework? It would be helpful to know if there are any specific regulations or laws surrounding the use of cryptocurrency in Germany.

Is cryptocurrency legal in Germany?|Is cryptocurrency legal in Germany? . Germany treats Bitcoin, Ethereum, and other digital currencies as private money for tax purposes.Yes

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