Germany may be preparing to end one of crypto’s biggest tax advantages. Right now, crypto holders in Germany can sell tax-free if they hold for more than 12 months. But with the government facing a €98B budget gap, crypto gains are now becoming an easy target. The proposed plan would treat crypto more like stocks and investment funds, applying a 25% tax on profits no matter how long the asset is held. Officials expect this could bring in around €2B in 2027. The reaction has been harsh. Many in the crypto community argue this could simply push users toward non-EU exchanges instead of increasing tax revenue. OKX CEO also pointed to Austria as a warning case. Austria removed a similar long-term crypto tax benefit in 2022, but according to him, the result was mostly more tax paperwork, not a meaningful boost in revenue. #OKXOrbitTopics @OKX Orbit