Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Half of German companies believe in future of crypto payments

Half of German companies believe in future of crypto payments

CryptopolitanCryptopolitan2025/07/10 12:40
By:By Lubomir Tassev

Share link:In this post: German firms split on the future of crypto payments. Half of German businesses expect Bitcoin payments to grow. The majority of companies in Germany are not currently accepting crypto.

German businesses are split in their expectations about the future of cryptocurrency as a means of payment, shows a large-scale study covering hundreds of companies registered in the Bundesrepublik.

While nearly half of the interviewed organizations believe crypto payments will become a common phenomenon in the next decade, most remain skeptical about taking decentralized digital money for the goods and services they are offering.

German firms undecided on crypto as payment tool

The share of German companies accepting and spending cryptocurrencies like Bitcoin (BTC) is still quite small, but many more think crypto payments will grow in the coming years, according to a new survey, carried out by the industry organization Bitkom.

Almost half of the respondents, or 48%, believe payments with crypto will be common 10 years from now. Yet, only 2% are currently using them, and six out of a hundred are open to the option, the German crypto news outlet BTC Echo reported on Wednesday.

A total of 602 entities, employing at least 20 people, have participated in the poll conducted by telephone between early March and mid-April, this year.

A sizable majority (86%) do not plan to start accepting cryptocurrencies in the near future, citing high price volatility, risks of fraud, legal uncertainty, and lack of knowledge among the main reasons for their reserved attitude.

See also Trump says Powell should ‘resign immediately’ if he lied to Congress

Nevertheless, the study found that 12% of large companies, those with at least 500 employees, are considering the digital assets as a payment method, the authors noted. Frederic Meyer, a blockchain consultant working for Bitkom, remarked:

“There is interest in blockchain and cryptocurrencies in the economy – particularly in the financial sector, concrete applications are currently making noticeable progress.”

Founded in Berlin right before the turn of the century, the Bitkom association now represents over 2,200 firms involved in Germany’s digital economy.

Among its members are more than 1,000 small and medium-sized enterprises, over 500 startups, half the 40 DAX companies, including global players, its website details.

MiCA to shape future of crypto in Germany and Europe

The future of cryptocurrencies and businesses built around them in Europe as a whole, not just the Federal Republic of Germany, will be largely determined by the implementation of the EU’s new Markets in Crypto Assets ( MiCA ) law.

The adoption of the unified regulation in the European Union has been welcomed by representatives of the crypto sector as it seeks to standardize rules for digital asset activities and allows businesses to operate across the 27-strong bloc with a single license.

Major crypto firms have already applied or acquired one in an EU member state. Last month, one of the largest cryptocurrency exchanges, OKX, launched fully regulated trading platforms in Germany and neighboring Poland after obtaining MiCA authorization.

See also Cathie Wood’s Ark eyes a comeback with “Diet ETFs” after bleeding billions

The new regulations, which concern the issuance, custody, trading, and disclosure of crypto assets, have also posed challenges for market participants. Europe’s top Bitcoin ATM operator, Austria-based Kurant, recently halted services in Germany to prepare for the MiCA requirements.

Authorities in Berlin have so far maintained a generally positive regulatory approach regarding crypto, including by offering a tax exemption for investors who hold Bitcoin (BTC), Ethereum (ETH) or other cryptocurrencies for more than a year.

In April, the parties forming the new federal government led by Chancellor Friedrich Merz dropped a proposal to raise the tax on crypto investments, by removing the one-year holding period, from their coalition agreement ahead of taking office in May 2025.

Bitkom’s Frederic Meyer suggested that Germany’s newly established Digital Ministry should appoint staff to focus specifically on the blockchain sector and even set up a dedicated department. “Only this way can business and the society tap into the technology’s potential,” the blockchain expert insisted.

KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

K Wave Media Bets Big on Bitcoin With $1B Treasury Plan

K Wave Media secures $1 billion to strengthen its Bitcoin treasury strategy as part of its long-term financial roadmap.Bitcoin as a Strategic AssetInstitutional Adoption Continues to Grow

Coinomedia2025/07/11 04:50
K Wave Media Bets Big on Bitcoin With $1B Treasury Plan

Ethereum Foundation Unveils New Ecosystem Strategy

Ethereum Foundation reveals a bold new structure and focus on long-term ecosystem growth.New Organizational Structure to Power the VisionA Long-Term Commitment to Ethereum’s Success

Coinomedia2025/07/11 04:50
Ethereum Foundation Unveils New Ecosystem Strategy

HSBC Explores e-HKD on Arbitrum, Ethereum & More

HSBC tests e-HKD on major blockchains and launches Hong Kong’s first bank-led on-chain settlement service.First Bank-Led On-Chain Settlement in Hong KongBoosting Hong Kong’s Digital Finance Leadership

Coinomedia2025/07/11 04:50
HSBC Explores e-HKD on Arbitrum, Ethereum & More

46% of Traders See Bitcoin Hitting $120K in July

Nearly half of traders on Polymarket bet Bitcoin will hit $120K in July, signaling strong bullish sentiment.Strong Market Optimism Among TradersWhat’s Driving the Bullish Sentiment?Should You Believe the Hype?

Coinomedia2025/07/11 04:50
46% of Traders See Bitcoin Hitting $120K in July