In a dramatic policy reversal, Germany’s Christian Democratic Union (CDU) has gone from crypto skeptic to staunch supporter, aiming to position the country as a global leader in Bitcoin and blockchain innovation.
Once one of the strongest proponents of strict cryptocurrency regulation, the CDU is now championing pro-crypto policies as part of its Agenda 2030, unveiled in January 2025.
A CDU representative told German outlet BTC Echo that the party is “expressly committed” to making Germany a prime destination for the digital asset economy. This sharp pivot comes in the wake of the CDU’s electoral success in Germany’s February 23 elections.
This marks a significant change from early 2024, when the party—then in opposition—called for banning anonymous crypto transactions and registering self-hosted wallets, drawing backlash from Germany’s crypto community, which viewed the measures as threats to financial freedom and privacy.
CDU, SPD Sign Coalition Pact With Crypto on the Radar
On April 9, the CDU signed a coalition treaty with its Bavarian sister party, the Christian Social Union (CSU), and the Social Democratic Party (SPD). Though the treaty only briefly mentions crypto, it commits the new government to:
“Examine the regulation of crypto assets, the grey capital market and shadow banks for loopholes and close them if necessary.”
While broad, the language signals a more measured approach than the CDU’s previous hardline stance.
During March coalition negotiations, the SPD pushed to eliminate Germany’s popular crypto tax break, which currently allows investors to sell Bitcoin, Ethereum, and other digital assets tax-free if held for over one year.
Fortunately for crypto advocates, the CDU managed to keep the proposal out of the final agreement, preserving what many consider one of Europe’s most crypto-friendly tax policies.
What’s Next?
With the CDU now embracing crypto and the 2025 coalition government formed, Germany could be on the verge of a regulatory renaissance. If the Agenda 2030 vision becomes reality, the country may join the ranks of Switzerland, Singapore, and the UAE as a leading crypto business hub.
Source: https://coindoo.com/germanys-cdu-makes-stunning-crypto-u-turn-vows-to-turn-country-into-bitcoin-hub/