Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Germany may be looking to overhaul its crypto tax rules from 2027, potentially curbing the country’s hallmark one-year tax-free holding rule, Samourai Wallet co-founder Keonne Rodriguez has asked for help to pay $2 million in legal fees tied to a landmark case last year, and US Senate lawmakers likely need to meet three conditions before the chamber could vote on a digital asset market structure bill.
Germany is preparing to change how it taxes Bitcoin and other cryptocurrencies from 2027, potentially ending one of Europe’s most generous long-term holding exemptions as it seeks to raise additional revenue and tighten tax compliance.
Finance Minister Lars Klingbeil said at an April 29 press conference on the 2027 federal budget that the government wants to “tax cryptocurrencies differently,” and key points include an extra 2 billion euros (about $2.3 billion) in revenue from crypto taxation and measures against financial and tax crime.
