The German Ministry of Finance has proposed taxing profits from the sale of Bitcoin and other cryptocurrencies regardless of how long they have been held, according to a report by dts referencing Welt. Currently, sales made after a year of ownership are typically exempt from taxes. The new regulations would apply to assets acquired from January 1, 2027, onward, while previous purchases would continue to follow existing rules. Starting in 2028, tax withholding by platforms will be mandated. The draft legislation is still undergoing internal government review.