German Businesses Wary of Crypto Payments Despite Long-Term Optimism

Fintech

German Businesses Wary of Crypto Payments Despite Long-Term Optimism

Despite a wave of digital innovation sweeping Europe, German companies remain hesitant to embrace cryptocurrency as a standard payment method.

A recent survey of over 600 businesses shows a striking contrast between future expectations and current adoption.

Nearly half of those surveyed believe that crypto payments could become common within the next ten years. Yet only a small fraction—just 2%—actually accept them today, and the vast majority aren’t planning to change that anytime soon. High volatility, legal grey areas, and limited internal expertise continue to hold companies back.

However, interest grows among larger players. Around one in eight companies with more than 500 employees are actively looking into crypto-based payment solutions. Bitkom, the organization behind the study, notes that financial institutions are particularly drawn to blockchain’s potential, with practical use cases beginning to emerge.

The regulatory environment is also shifting. Europe’s new MiCA framework is set to transform how crypto is handled across the continent, providing unified rules and a passport-style license for firms operating in the EU. Exchanges like OKX have already launched regulated platforms in Germany and Poland, while others are still preparing for compliance.

At home, Germany has taken a relatively open stance, offering tax breaks on long-term crypto holdings and abandoning plans to tighten those rules under the new government. Industry voices are now urging the country’s recently created Digital Ministry to prioritize blockchain with a dedicated department, arguing it’s key to maintaining digital competitiveness in the years ahead.

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Author

Alexander Stefanov

Reporter at Coindoo

Alex ist ein erfahrener Finanzjournalist und Krypto-Enthusiast. Mit mehr als 8 Jahren Erfahrung in der Berichterstattung über die Krypto-, Blockchain- und Fintech-Branchen ist er mit der komplexen und sich ständig weiterentwickelnden Welt der digitalen Vermögenswerte bestens vertraut. Seine aufschlussreichen und zum Nachdenken anregenden Artikel vermitteln den Lesern ein klares Bild von den neuesten Entwicklungen und Trends auf dem Markt. Sein Ansatz ermöglicht es ihm, komplexe Ideen in leicht verständliche und aufschlussreiche Inhalte zu zerlegen. Verfolgen Sie seine Veröffentlichungen, um über die wichtigsten Trends und Themen auf dem Laufenden zu bleiben.

Source: https://coindoo.com/german-businesses-wary-of-crypto-payments-despite-long-term-optimism/