Germany is scrapping its crypto tax exemption law. The country has one of the most generous crypto tax exemptions anywhere in the developed world. Under the current law, Bitcoin and other digital assets held for more than a year are tax-free. There are no conditions, no thresholds, just zero tax on crypto gains. A draft law now circulating among federal ministries would end that, replacing it with a flat 25% tax on crypto gains from 2028, applied to assets acquired after January 1, 2027. The government estimates that the change will bring in around €350 million a year. The legislation isn’t concluded yet, but the direction coming out of Berlin is pretty clear. Anyone holding German crypto positions with a long-term tax strategy built around the current rules needs to be paying close attention to this.
In Singapore, SGX, the country’s primary stock exchange, has secured CFTC authorization to allow eligible US institutional investors trade its Bitcoin and Ether perpetual futures directly. American trading firms can now access the contracts through SGX clearing members, with onboarding that typically takes 2-4 weeks. The contracts have already recorded $5.8 billion in cumulative volume since launching in November 2025, and SGX plans to expand into dated futures and options. Quietly, Singapore just opened its crypto derivatives market to U.S. institutional money for the first time.
A few other stories worth your attention this week:
- Consensys is splitting into two companies, sending MetaMask one way and its protocols and institutional infrastructure the other.
- Iran is accepting USDT for export payments and easing FX controls as US sanctions continue to choke off its banking access.
- BitMart brought in Alvarez & Marsal to review its finances, assess assets, manage claims, and establish an orderly withdrawal process after it halted trading in August.
In AI, OpenAI said 10,000 of its AI agents ran for 88 hours and produced a proof connected to the Navier-Stokes problem, one of mathematics’ most stubborn unsolved challenges.
Mistral raised €3 billion at a valuation exceeding €21 billion, the largest equity round ever raised by a private European tech firm. Europe still has an AI funding gap, but Mistral is at least proving the continent can produce a contender.
It was a full week. If you missed anything, here’s your catch-up.
Lead Story of the Week:
Germany Proposes 25% Crypto Tax From 2028, Ending Tax Break (Read More)
Germany plans a 25% crypto tax from 2028, potentially ending its long-term tax exemption for Bitcoin held over one year. (Read The Full Story)
Market Highlights
- SGX Opens Bitcoin and Ether Perpetuals to US Institutions
Singapore Exchange secures CFTC approval to offer Bitcoin and Ether perpetual futures to US institutions. (Read More)
- BitMart Appoints Alvarez & Marsal to Review Finances
BitMart has appointed Alvarez & Marsal to review its finances, assess assets, manage claims, and establish an orderly withdrawal. (Read More)
- Consensys Spins Off MetaMask as a Separate Company
Consensys is splitting into two companies, separating MetaMask from its protocols and institutional infrastructure operations. (Read More)
- Fractal Bitcoin Activates FIP-102 as Halving Ends
Fractal Bitcoin confirmed its first halving is complete and FIP-102 is active, with nodes and indexers operating normally. (Read More)
Latest News For You
Iran Turns to USDT as Sanctions Drive Crypto Payments (Read More)
Iran has reportedly eased FX controls and accepted crypto payments for exports as US sanctions restrict banking access. (Read Full Story)
AI News Highlights
- Mistral Raises €3B, But Europe Still Has an AI Funding Gap
Mistral has raised €3B at a €21B+ valuation, marking the largest equity funding round ever raised by a private European tech firm. (Read More)
- OpenAI’s 88-Hour Math Breakthrough Sparks Credit Fight
OpenAI said an unreleased model using 10,000 AI agents for 88 hours produced a proof tied to the Navier-Stokes problem. (Read More)
Market Movers
Top Gainers 📈
- STONK (STONK) +791.3%
STONK (STONK) is rising due to its recent integration with Raydium LaunchLab, a lucrative buyback-and-burn mechanism.
Top Losers 📉
- SAFEbit (SAFE) −67.96%
SAFEbit (SAFE) is dropping due to a broader crypto market correction, profit-taking after previous rallies, and macro fears.
Source: CoinGecko
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Disclaimer: This roundup is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence
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