
Does Germany accept cryptocurrency?|On a national level, although cryptocurrencies are legal in Germany, they are not considered legal tender or currency. Instead, regulators classify cryptocurrencies as a financial instrument or asset, which makes them subject to regulations and laws related to securities and investments.
Does Germany recognize and accept the use of cryptocurrency? Given the current regulations, I'm curious about the legal status of cryptocurrencies in Germany. Are they treated as legal tender or are they classified differently? Do German authorities categorize them as a type of financial asset or instrument? If so, how does this classification affect the way cryptocurrencies are used and regulated within the country?
