@LefterisJP: German crypto law draft forces CEXs to withhold 26.375% tax on sale

🇩🇪 It's not finalized yet but a new German crypto law draft seems to force CEXes to withhold taxes on every sale unless the user can prove cost basis (TBD how). Say you sell 1 ETH for €2k . They withold 26.375% (25% Abgeltungsteuer + solz) × €1k = €263.75 You get €1736.25