BREAKING NEWS 🚨 :Germany's parliament officially passes bill letting customs SEIZE crypto worth over €100,000 without a criminal case.
Customs could hold Bitcoin and other assets of unclear origin for 30 days.
A finance court could then extend that by another 150 days.
Customs would still need factual signs of illegal origin, not just a large balance.
The bill still needs approval from the Bundesrat, the chamber of Germany's 16 states.
If approved, it takes effect on January 1, 2027.
$BTC $XAU $XAG
#TradFiForBeginners #WhatWillDriveCryptoandStocks’NextRebound? #WhoWillSucceedJensenHuangatNvidia? #BitcoinActiveSupplyInProfitDropsBelow45% #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months
Customs could hold Bitcoin and other assets of unclear origin for 30 days.
A finance court could then extend that by another 150 days.
Customs would still need factual signs of illegal origin, not just a large balance.
The bill still needs approval from the Bundesrat, the chamber of Germany's 16 states.
If approved, it takes effect on January 1, 2027.
$BTC $XAU $XAG
#TradFiForBeginners #WhatWillDriveCryptoandStocks’NextRebound? #WhoWillSucceedJensenHuangatNvidia? #BitcoinActiveSupplyInProfitDropsBelow45% #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months
