Not in Germany. If you hold your gold bars for longer than a year and you sell'em -- no taxes. German capital gains tax applies to stock and derivates (i.e. pap

Not in Germany. If you hold your gold bars for longer than a year and you sell'em -- no taxes. German capital gains tax applies to stock and derivates (i.e. papers) but not to commodities (physical things like gold, cars or other hardware). So even while cryptos are non-physical they are treated like physical items. And that kind of makes sense if you believe Bitcoin is like digital gold. However, there will be a dispute at some point I guess when it comes to typical government tokens because they resemble very much a stock shares with voting rights.