Cryptographic return? Another German ruling party reverses its position

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The German Christian Democratic Union (CDU) radically changed its position on cryptocurrency from critic to a lawyer during the creation of a modern government of the nation.

Recent reports indicate that the political party, once a leader based on strenuous regulations against digital assets, is trying to transform Germany into a business center.

CDU will present the plans of Pro-Crypto after election success

CDU Modern path After winning the election in Germany on February 23. CDU attaches high value in terms of cryptocurrencies, said a party representative in an interview with BTC Echo, a German digital media platform.

In his agenda 2030, which the representative said that he introduced in January 2025, “clearly committing” shaping Germany as an ideal place for cryptographic economy.

It represents Reference From the early part of 2024, when the party-then opposition-sugrated prohibition of some transactions and forcing registration to independently hosted cryptographic addresses. Such proposals were upset by many people in German Bitcoin circles, who perceived them as a threat to financial freedom.

Proposed scrapping of the German cryptographic tax relief

The official coalition treaty between the CDU, his Bavarian sister CSU party and the Social Democratic Party (SPD) was signed on April 9. Contains only a compact mention of digital assets, sweating “examine regulation regulation Cryptographic assetsGray Capital Market and shadow banks for gaps and close them if necessary. “

According to SPD reports, he proposed to eliminate a generous break in Germany in cryptography in March negotiations. German investors currently do not pay taxes on profits from Bitcoin, Ethereum or other digital currencies if they stop them for more than a year before selling them. This suggestion has been excluded from the final contract.

The total market capitalization is currently $ 2.6 trillion. Chart: TradingView

The party is looking for a “balance” between innovations and security

The CDU spokesman emphasized that the party is now “basically open to cryptographic assets” as part of the development of a modern financial system.

“We see the huge potential for innovation in basic blockchain technology,” they added, citing applications in the field of cyber security and increasing the chains of values.

Meanwhile, the party did not reject all worries. The representative emphasized that every modern legal framework should avoid laundering and financing terrorism, which, as they say, “still happens to some cryptographic assets.” The submitted CDU goal is “a balanced approach to supporting innovation and security.”

The modern government does not confront many priorities outside the crypto

It is expected that the head of CDU Friedrich Merz will be a chancellor when modern government is to be sworn in in the first week of May. However, cryptocurrency regulation may not be in the center of attention. According to reports, Berlin will have to solve many urgent problems, such as economic problems, migration policy and defense problems.

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