[Wu Blockchain News] Germany approves new customs powers to seize suspected illicit assets, including cryptoGermany Approves New Customs Powers to Seize Suspected Illicit Assets, Including Crypto
Open the sourceReported by Telegram, t.me, 15 November 2026, by wublockchainenglish
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The law is scheduled to take effect on January 1, 2027, pending Bundesrat approval and formal promulgation. The change expands German enforcement reach over crypto holdings by lowering the threshold for intervention to suspicion rather than conviction. Watch for Bundesrat approval and formal promulgation to confirm the 2027 start date.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
Germany, Bundestag, crypto, Bundesrat