The Bundestag adopted a reform on 12 November allowing German customs authorities to administratively freeze cryptoassets whose lawful origin gives rise to well-founded suspicion, without criminal proceedings. The measure, which notably covers assets exceeding EUR 100,000, is expected to enter into force on 1 January 2027 following approval by the Bundesrat and formal promulgation. Merely holding a significant amount of Bitcoin will not be sufficient to trigger a seizure, and a financial court will have to order permanent confiscation. On a centralized platform, authorities can request that holdings be blocked, while seizing Bitcoin held in a personal wallet will require access to the private keys.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
