Vavada Banner
BTC $73,852.00 (-0.97%)
ETH $2,313.98 (-2.91%)
BNB $616.55 (-0.35%)
XRP $1.35 (-1.34%)
SOL $83.00 (-3.81%)
TRX $0.32 (+0.37%)
DOGE $0.09 (-1.63%)
HYPE $43.57 (-2.87%)
LEO $10.16 (+0.60%)
ADA $0.24 (-2.00%)
BCH $434.45 (-0.96%)
LINK $9.05 (-1.60%)
XMR $341.45 (-2.76%)
ZEC $358.23 (-3.83%)
CC $0.15 (-5.13%)
XLM $0.16 (-0.25%)
M $2.88 (+4.59%)
LTC $54.29 (-0.62%)
AVAX $9.31 (-1.32%)
RAIN $0.01 (-0.40%)

Germany vs Zimbabwe

Crypto regulation comparison

← Back to map | Germany | Zimbabwe
Germany

Germany

Zimbabwe

Zimbabwe

Legal
Restricted

Germany has one of the most well-defined crypto regulatory environments in Europe. BaFin has regulated crypto custody as a financial service since 2020. Notably, crypto held for over one year by individuals is completely tax-free, making Germany one of the most favorable jurisdictions for long-term holders.

Zimbabwe has restricted cryptocurrency through its central bank. The RBZ banned financial institutions from processing crypto transactions in 2018. However, in a unique move, the RBZ issued gold-backed digital tokens (ZiG tokens) in 2023 as a store of value. Zimbabwe has a history of currency instability (hyperinflation, currency collapses) which drives informal crypto adoption for hedging and remittances.

Tax Type Capital gains
Tax Type None
Tax Rate 0-45%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht)
Regulator RBZ (Reserve Bank of Zimbabwe)
Stablecoin Rules Regulated under MiCA; BaFin already licensed crypto custody under existing German law since 2020
Stablecoin Rules No private stablecoin regulation; RBZ introduced gold-backed ZiG digital token as state currency
Key Points
  • Crypto held for more than 1 year is completely tax-free for individuals
  • Short-term gains (under 1 year) taxed as income at up to 45% plus solidarity surcharge
  • Annual exemption of €1,000 for short-term crypto gains (since 2024, previously €600)
  • BaFin licenses crypto custody businesses under the KWG (German Banking Act) since January 2020
  • MiCA framework applicable from December 2024, complementing existing German regulation
Key Points
  • RBZ banned banks and financial institutions from servicing crypto in 2018
  • RBZ issued gold-backed digital tokens (ZiG) in 2023 as a CBDC-like instrument
  • No licensing framework for crypto exchanges
  • Informal crypto adoption driven by currency instability and remittance needs
  • Crypto ownership itself is not explicitly criminalized for individuals
Sources
Sources
OKX Banner