The German political scene exploded, AfD wants to list Bitcoin as a national reserve
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The second largest party in Germany, the 'Alternative for Germany' (AfD), submitted a motion to the parliament opposing the excessive inclusion of Bitcoin in the EU's MiCA regulatory framework, and called on lawmakers to consider treating Bitcoin as a national strategic reserve asset. This motion was officially submitted on October 23, asserting that Bitcoin and other crypto assets are fundamentally different and should not be subjected to such strict regulatory constraints.
AfD proposed three core demands: first, to maintain the current policy of 'tax exemption for holding Bitcoin for more than 12 months'; second, to ensure that Bitcoin continues to be exempt from value-added tax; third, to guarantee individuals' self-custody rights, without forcing citizens to deposit Bitcoin into regulated institutions.
The background of this motion is quite subtle. The German government sold nearly 50,000 confiscated bitcoins in 2024, which were worth 3 billion euros at the time, but if held until now, their value would have doubled to 5.7 billion euros. This decision by the government resulted in taxpayers losing nearly 3 billion euros in potential profits, and the AfD seized upon this pain point to make their case.
