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German Businesses Wary of Crypto Payments Despite Long-Term Optimism

  • A recent survey of over 600 businesses reveals a contrast between optimism for future crypto payments and current low adoption rates.
  • While nearly half of those surveyed believe crypto payments could become common in the next decade, only 2% currently accept them due to concerns such as high volatility and legal uncertainties.
  • Larger companies, especially those with over 500 employees, show more interest in exploring crypto-based payment solutions.
  • Germany's regulatory environment is evolving with the new MiCA framework in Europe and the country's relatively open stance on crypto, offering tax breaks on long-term holdings and considering blockchain's importance for digital competitiveness.

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