XRP Price Reaches $1.56, Investors Must Consider Buying Route and Tax Implications
The price of XRP has been on the rise, reaching $1.56 on September 25, 2026, which is a 16.64 percent increase from last week and a 6.85 percent gain over the past 24 hours (CoinGecko, retrieved 09:47 UTC).
This move is significant, but it's essential to consider several factors before deciding whether to buy or hold XRP, especially for investors in Germany.
The first point to check is the buying route permitted since the MiCA deadline. In Germany, crypto service providers must have a MiCA authorisation as a crypto-asset service provider (CASP) or be passported from another EU member state to offer their services. This means that investors should verify whether the provider has such an authorisation or is permitted to operate in Germany.
The second factor is the one-year holding period, which affects tax treatment in Germany. If XRP is sold at a profit within one year of buying it, the profit is taxed at the investor's personal income tax rate once the sum of all private disposal transactions in the year reaches the €1,000 threshold.
The third point to consider is where the coins sit once they are owned. Investors should check whether the provider delivers XRP as a coin or only offers a contract for difference on it, which can impact tax treatment and custody questions.