Germany’s Left Party, Die Linke, has submitted a motion to the Bundestag that would ban the trading or holding of high-energy proof-of-work crypto assets in the country, according to Techub News, citing Crypto Briefing. The proposal is framed around environmental protection and also seeks to push Germany toward changes in its tax, regulatory, and investment approach to crypto assets. The motion does not, in the provided text, specify which assets would be covered or when any measure could take effect. What is clear is that the proposal targets proof-of-work assets on energy-use grounds and places the issue inside a broader policy discussion over how Germany should treat crypto in regulation and public strategy.
Germany’s Left Party, Die Linke, has submitted a motion to the Bundestag proposing a ban on the trading or holding of high-energy proof-of-work (PoW) crypto assets in Germany, according to Techub News, citing Crypto Briefing.
The stated reason is environmental protection. The motion also aims to push Germany to adjust its tax, regulatory, and investment strategy related to crypto assets.
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