⚖️ CAN GERMANY SEIZE CRYPTO?!
On November 12, the Bundestag approved a customs reform that provides new powers to temporarily seize assets of questionable origin, including cryptocurrencies. The measure is aimed at combating money laundering and organized crime, not at confiscating any and all crypto wallets.
According to the bill, interim measures require reasonable grounds to doubt the lawful origin of the assets. Permanent seizure requires a court ruling. This is not yet a law in force: the bill still has to pass the Bundesrat; it is scheduled to take effect on January 1, 2027.
Source: German Bundestag, November 12, 2026; Federal Government, November 12, 2026.
#CryptoRegulation #Germany
On November 12, the Bundestag approved a customs reform that provides new powers to temporarily seize assets of questionable origin, including cryptocurrencies. The measure is aimed at combating money laundering and organized crime, not at confiscating any and all crypto wallets.
According to the bill, interim measures require reasonable grounds to doubt the lawful origin of the assets. Permanent seizure requires a court ruling. This is not yet a law in force: the bill still has to pass the Bundesrat; it is scheduled to take effect on January 1, 2027.
Source: German Bundestag, November 12, 2026; Federal Government, November 12, 2026.
#CryptoRegulation #Germany