What do the elections on February 23 mean for Bitcoin&Co

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What do the elections on February 23 mean for Bitcoin&Co

The election campaign for the early federal election on February 23, 2025 is in full swing. Classic campaign issues such as affordable housing, social justice, internal security and migration policy are in the foreground. But another topic is becoming increasingly important: cryptocurrencies and Bitcoin .

The recent elections in the USA have shown that the crypto sector can be a polarizing issue in the election campaign. There, Donald Trump used Bitcoin to appeal to certain groups of voters and position himself as forward-looking. For many people - especially for technology-savvy, economically interested or younger voters - Bitcoin has long been more than just a niche, but a topic with great personal relevance.

When you consider this dynamic and at the same time take into account the significance of the MiCA regulation that recently came into force, it becomes clear: it is worth taking a closer look at the positions of the German parties on cryptocurrencies.

Even though the old parties are skeptical about BTC & CO, at the same time the Union received a large election donation from the trading platform Bitpanda in January.
Founder Eric Demuth donated 500,000 euros to the CDU and 250,000 euros to the CSU. The SPD and FDP also each received 500,000 euros as a donation. " Bitpanda founder Demuth's reasoning: He wants to strengthen democratic structures!"


CDU/CSU
Link to the election manifesto
Chancellor candidate: Friedrich Merz
The conservative alliance of Merz's Christian Democrats (CDU) and the Bavarian Christian Social Union (CSU) is ahead in the polls and, when it comes to finances, presents only rough ideas and few concrete details.

popularity of government parties over time.
  • The conservative bloc's goal is to make Germany the financial center of Europe - a long-held desire that, however, brings the country strong competition from London and Paris. At the same time, the country's so-called three-pillar banking system is to be preserved, which analysts say limits mergers and bank profits.
  • Their aim is to further develop the European Capital Markets Union, a favourite topic of the banks, to which other established parties have only paid lip service over the years.
  • They advocate establishing Germany as a leading location for venture capital and company start-ups, which is to be achieved, among other things, through tax incentives.
  • They want to create a customs police force with stronger powers to combat money laundering and financial crime.
  • They advocate maintaining a variety of payment methods, including cash, and only want a digital euro - which the European Central Bank is currently working on - if it offers added value. (Half of Germans said they would definitely or probably use a digital euro, according to a survey by the central bank.)
  • They support an increase in tax allowances in order to reduce inheritance tax and taxes on real estate purchases, and reject a wealth tax that has already been suspended for decades.
  • What is the CDU/CSU's stance on cryptocurrencies and Bitcoin?
    The CDU/CSU remains vague about Bitcoin and criticizes the risks such as money laundering. It promotes technologies such as blockchain, but relies on strict regulations and emphasizes security aspects.


Chancellor candidate: Alice Weidel
The Alternative for Germany is in second place in the polls, but the country's established parties refuse to work with it in any government (firewall). This means that its proposals may never see the light of day. Nevertheless, its financing plans are the most concrete and realistic.

  • The AfD is calling for Germany to leave the Eurozone. The EU-sceptical party has long held this demand, even though the currency is widely accepted among the population.
  • It wants to support the reintroduction of the Deutsche Mark with gold and demands the return of German gold reserves abroad.
  • She advocates "comprehensive deregulation" of Bitcoin, wallets and trading. (Regulators have been cautious on cryptocurrencies so far.)
  • The AfD rejects a digital euro and insists that cash is enshrined in the constitution both as legal tender and as a fundamental civil liberty right.
  • The AfD rejects a European deposit guarantee scheme for banks.
  • She wants to abolish both inheritance tax and wealth tax.
  • It calls for an increase in the tax-free amounts from dividends, interest and capital gains.
  • What is the AfD's stance on cryptocurrencies and Bitcoin?
    The AfD sees Bitcoin as a symbol of freedom and independence from state control. It rejects state intervention and advocates free competition in the area of cryptocurrencies.
    Sees Bitcoin as a monetary policy opportunity for Germany and another option in a currency competition that is to be pursued in greater detail. In its decentralized nature, cryptocurrencies can be an alternative to central bank money and offer corresponding options for the responsible citizen. In times of an increasingly intrusive state, Bitcoin or other cryptocurrencies should be a relevant element in payment transactions. The AfD rejects new regulatory interventions in this regard

SPD
Link to the election manifesto
Chancellor candidate: Olaf Scholz
The centre-left Social Democrats under Chancellor Scholz are only in third place in the polls, but have been part of coalition governments for decades.

  • The SPD proposes introducing a financial transaction tax, like the one levied in some European countries on the purchase and sale of shares.
  • They vow to tax the super-rich, in line with a commitment by the world's 20 largest economies (G20).
  • She wants to reintroduce the wealth tax – something she has been calling for for years but which has never happened – and adjust the inheritance tax so that more is paid on assets worth millions and billions.
  • “The super-rich should be more involved in financing the common good,” their program states.
  • What is the SPD's stance on cryptocurrencies and Bitcoin?
    The SPD is skeptical about Bitcoin and sees it as speculative. It prioritizes the euro as a stable means of payment and supports strict regulation at the European level.

Chancellor candidate: Robert Habeck
Alliance 90/The Greens are positioned in the middle of the polls for the 2025 federal election and are fighting for their influence as a driving force for climate protection and digital sustainability. However, the party rejects cryptocurrencies as a risk of misuse.

  • Like the SPD, the Greens also want to limit the inheritance tax exemption and introduce a global billionaire tax.
  • The party is calling for a nationwide service center that will pool expertise on the misuse of cryptocurrencies and help states combat financial crime.
  • It promises to further develop a transparency register for companies to make it more difficult for criminals to hide their money behind complicated corporate structures.
  • Germany should play a pioneering role in improving the regulation of sustainable finance and all financial investments by the state must be made according to sustainability criteria, it is said.
  • They advocate giving the financial supervisory authority BaFin responsibility for protection against so-called greenwashing and want easily understandable standards for sustainable investments.
  • What is the Green Party’s stance on cryptocurrencies and Bitcoin?
    The Greens are critical of Bitcoin because of its high energy consumption. They rely on strict regulations and advocate for state-controlled alternatives such as the digital euro.


The FDP, which is actually business-friendly, under party leader Christian Lindner is so far behind that it may not be represented in the next parliament. It stands for lower taxes and less bureaucracy.

  • What is the FDP's stance on cryptocurrencies and Bitcoin?
    The FDP supports Bitcoin as an innovative financial instrument and sees it as an opportunity for diversification and technological innovation. It relies on clear, but market-based regulations and promotes crypto start-ups.

Left and other parties:

  • What is Die Linke's stance on cryptocurrencies and Bitcoin?
    The left rejects Bitcoin because it is speculative and energy-intensive. They demand greater government control, strict regulations and the abolition of tax advantages.




Conclusion: This is what the parties think of crypto and Bitcoin


The analysis of party positions shows a wide spectrum of attitudes towards cryptocurrencies and Bitcoin, ranging from innovation-friendly support to strict regulation or even rejection. The differences reflect not only technological and economic priorities, but also fundamental political values such as freedom, security, sustainability and state control.

  • The CDU/CSU is committed to promoting technology, but emphasizes risks such as money laundering. It supports state digital currencies (e-Euro) and stricter wallet controls, but does not mention BTC & Co in its program.
  • In its program, the AfD praises Bitcoin as “state-free money” and rejects regulation, but does not yet have any concrete implementation concepts.
  • The Greens reject competing currencies such as BTC, criticize energy consumption and demand EU regulation. The digital euro is seen as an alternative.
  • The SPD is vague in its statements, prioritizes the euro and is skeptical about Bitcoin (volatility, stability risks).
  • The FDP is innovation-friendly: it wants to enable Bitcoin reserves, promote crypto ETFs and strengthen market-based solutions.
  • The left rejects cryptocurrencies as speculative and environmentally harmful and calls for taxes on profits and state control.
The EU MiCA regulation sets the framework, but national priorities (taxes, mining, education) remain possible. While the FDP and AfD are committed to freedom, the CDU/CSU, Greens and SPD are pushing for control. The Left fundamentally questions the concept. For voters interested in crypto, the positions offer clear alternatives between liberalization and regulation.

Frequently asked questions about political parties in Germany and cryptocurrencies

  • How does the EU MiCA regulation affect German parties?
  • The EU MiCA regulation creates uniform rules for dealing with cryptocurrencies and is welcomed by most German parties as it ensures greater transparency and legal certainty.
    Parties such as the CDU/CSU and the Greens see MiCA as a basis for curbing risks such as money laundering and the misuse of cryptocurrencies. The FDP emphasizes that MiCA must not hinder innovation, while the AfD stresses that national regulations beyond the MiCA requirements are unnecessary. The Left also supports MiCA, but may call for stricter controls at the national level.Does any party support Bitcoin as an official currency reserve?The FDP supports the idea of including Bitcoin as part of currency reserves. It argues that Bitcoin could be an innovative addition to gold and foreign exchange to strengthen the resilience of central banks. No other party takes this approach; most are skeptical of Bitcoin or reject it as a speculative asset. The CDU/CSU and the Greens instead focus on the further development of state digital currencies such as the digital euro.

  • What is your opinion on Bitcoin and regulation?






Author: Tom Weyermann
Source: Redaktion-MFRadio.de


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