Germany is pushing a plan to abolish the tax exemption applied when investors sell cryptocurrencies after holding them for more than 1 year. The federal government aims to secure at least 1 billion euros a year in additional revenue from 2027. The proposal is included in the Finance Ministry’s 2027 federal budget draft and fiscal plan through 2030, which the cabinet has already approved in draft form. The package also includes other tax increases and spending reductions, but the reform still requires parliamentary approval.

Kyrgyzstan is moving to build a Central Asian digital asset hub, backed by two state-level stablecoins and a large gold storage facility. A local fintech consultant said a dollar-pegged token is backed by physical gold bought by the finance ministry and stored in a new national vault, with the ministry holding all tokens. A second stablecoin is based on the som and launched on BNB Smart Chain with Binance.