The German Ministry of Finance (MOF) released an updated decree on the income tax treatment of crypto assets on 6 March 2025, replacing the previous version from May 2022.
A crypto-asset is the digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology (DLT) or similar technology.
The new decree now uses the term “crypto assets” instead of “virtual currency and other tokens” to align with current regulatory language.
The update provides more detailed guidance on tax filing, cooperation, and recordkeeping requirements. It also covers key topics like how to report crypto assets for tax purposes, claiming rewards from passive staking activities, and determining trading values for transactions.
However, the decree does not yet address non-fungible tokens (NFTs) or liquidity mining but may include these in future updates.
The MOF also announced that it is working closely with state tax authorities and business organizations to monitor emerging crypto-related tax issues, with plans to provide additional guidance as needed.
