OKX Banner
BTC $79,939.00 (+0.26%)
ETH $2,500.26 (+1.67%)
BNB $755.96 (-0.96%)
XRP $1.42 (+0.27%)
SOL $106.96 (+3.70%)
TRX $0.34 (+0.65%)
HYPE $89.18 (+4.67%)
ZEC $1,169.76 (+15.29%)
DOGE $0.09 (+2.71%)
RAIN $0.02 (+3.57%)
XMR $539.06 (-1.13%)
LINK $12.35 (+4.38%)
LEO $9.33 (+0.71%)
ADA $0.22 (+2.02%)
XLM $0.19 (+1.00%)
BCH $258.80 (+3.70%)
UNI $7.03 (+12.48%)
CC $0.11 (+0.28%)
LTC $54.31 (+1.47%)
GRAM $1.42 (-0.62%)

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