Germany's draft crypto tax bill proposes setting acquisition costs of cryptocurrencies received as salary or for services at zero euros, potentially causing double taxation when these assets are sold. Currently, salary paid in Bitcoin is taxed as income at the euro value upon receipt, and only the gain on sale is taxed later. The draft bill could tax the entire sale proceeds instead of just the gain, increasing tax burdens. The rule mainly affects crypto received after December 31, 2026, and taxpayers are advised to document every inflow carefully. The bill still requires approval by the cabinet, Bundestag, and Bundesrat before becoming law.
Germany's draft crypto tax bill and its implications for acquisition costs come amid a mixed market performance for major cryptocurrencies on Pluang. As of Oct 03, 2026 04:01 WIB, out of 50 major cryptocurrencies, 12 rose and 37 fell. Notable movers include MANA (Decentraland) with a 1-day change of +8.98% and 100% buy order activity, EOS (EOS.IO) up 8.13%, and ENJ (Enjin Coin) down 7.72% with 100% sell order activity. Prices are Rp1.735 for MANA, Rp12.649 for EOS, and Rp576 for ENJ.
The SUI cryptocurrency surged 6.05% within four hours to $1.20, driven by $190,000 in short position liquidations. Over 24 hours, SUI's price increased 2.29%, reflecting strong buying pressure. Liquidations mainly affected short traders, indicating a...
A director at Joby Aviation sold 62,500 shares worth $380,625 while keeping a large stake. Joby is advancing its electric vertical take-off and landing (eVTOL) aircraft, aiming for passenger flights in Dubai by late 2026 pending FAA approval. Despite...
On October 2, U.S. spot Solana ETFs attracted $1.3 million in net inflows, reversing the previous day's $1.1 million net outflow. The Bitwise Solana Staking ETF (BSOL) was responsible for the entire inflow, while other Solana ETFs like VSOL, FSOL, TS...
A large cryptocurrency holder, known as a whale, deposited 6,595.2 Ether (ETH) valued at about $17.57 million to Coinbase. The whale had held the ETH for roughly a year but faced a loss of approximately $2.443 million, with the asset's value down 12....
On October 2, Grayscale's Hyperliquid Staking ETF (ticker HYPG) attracted $3.3709 million in net inflows, representing all spot fund inflows tracking Hyperliquid (HYPE) that day. The fund's cumulative net inflows have reached $153 million, contributi...
