Saxony is raising awareness: crypto tax evaders in the sights of AI!

Saxony is raising awareness: crypto tax evaders in the sights of AI!

On November 12, 2025, new standards for the taxation of cryptocurrencies will be set in Germany. The Bundestag has decided to implement the EU directive DAC 8, which obliges crypto service providers to report user data to the tax authorities. This means that all companies operating in this sector must expand their playing field. The decision is supported by politicians from the SPD, The Left and Alliance 90/The Greens parties, who are also calling for the abolition of the tax-free holding period for cryptocurrencies.

Currently, profits from trading Bitcoin and other digital currencies are tax-free if they are held for longer than one year. This regulation could soon be a thing of the past if politicians' proposals are implemented. Crypto investors must now increasingly be aware of potential tax liability, especially if they realize profits within 365 days. In order to keep a better eye on these risks, financial experts warn of surprises in the personal income tax rate, which takes effect as soon as the exemption limit of 1,000 euros is exceeded.

New obligations for crypto service providers

With the DAC 8 directive, all crypto service providers in Germany must significantly expand their obligations. This leads to increased cooperation between crypto exchanges and the financial authorities. The hope is that this will help uncover tax evasion in the crypto space. Crypto investors should therefore prepare for the new reality and take advantage of possible tax reporting tools.

A useful tool for crypto investors is the tax software CoinTracking, which has proven to be useful for clearly tracking transactions and taxable profits. The software allows users to enter transactions manually or import them from various exchanges and wallets. A tax report for the tax return can be created with one click, and there is the option to use up to 200 transactions free of charge.

The crypto hype

At the same time, the crypto ecosystem continues to develop rapidly. Cryptocurrencies and technologies like blockchain have the potential to fundamentally change the world of finance. More and more people are interested in crypto, be it as an investment or as part of the digital future. While technologies and products in this area are constantly evolving, the legal framework remains an exciting topic that concerns investors and market participants alike.

Crypto fans may also remember the stories surrounding the comic book character Krypto – the super dog who became famous as Superman's pet. In its own way, the success of cryptocurrencies is reminiscent of the hype surrounding superhero characters, which bind a loyal fan base and stimulate the imagination.

With the new regulations, the crypto community now has to be careful that it does not end up in the crosshairs of the tax authorities. At this point, reference is made to the article from Blocktrainer.de, which describes the developments surrounding crypto tax evaders and the technologies for detecting them. In addition to the tax aspects, the rapid developments in the crypto sector are worth paying attention to, because the future certainly has many exciting twists and turns in store. Read more about this here.

Further information on the new legislation and its implications for cryptocurrency service providers can be found on the DRRP website: here.

The crypto phenomenon and its facets are also an always exciting topic that affects everyone, be it in the financial world or in everyday life. An overview of everything you need to know about crypto can also be found on Wikipedia: here.