The German Federal Parliament passes a reform bill allowing customs to temporarily seize crypto assets
2026-11-15 17:48:15
According to CoinMeta, as reported by cryptoast, the German Bundestag has passed a reform bill that allows customs to temporarily seize cryptocurrencies such as Bitcoin even before criminal proceedings have been initiated, when there is concrete evidence suggesting that the origin of the assets is illegal. The new regulations mainly apply to assets worth over 100,000 euros and are scheduled to take effect on January 1, 2027. However, they still require approval from the Federal Senate before they can be officially enacted. This mechanism falls under administrative seizure procedures; merely holding a large amount of Bitcoin is not sufficient in itself to justify a seizure, and the final confiscation must still be decided by a fiscal court.
Source:Internet
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