Bitcoin at a record high: crypto renaissance thanks to new laws?

Bitcoin at a record high: crypto renaissance thanks to new laws?

On July 11, 2025, the cryptocurrency Bitcoin came into the focus of financial markets after reaching a record high of $118,018.25. This price represents an increase of 3.9 percent and increases annual profits to almost 26 percent. In the last three months, Bitcoin has gained almost 41 percent. The positive development is primarily due to court decisions and political signals that promise clearer regulatory oversight for cryptocurrencies. [Tradingview] reports that the US House of Representatives will debate three major crypto bills next week: the Genius Act, the Clarity Act and the Anti-CBDC Surveillance State Act.

The expected legislation is intended to provide regulatory transparency for the crypto industry and could represent a game-changer for the sector, which was previously threatened by a possible flight abroad. Bitfinex’s Jag Kooner highlights that capital has been held back due to regulatory uncertainty. However, with the new developments, there could be a return. These developments are also fueling interest in cryptocurrency stocks as companies like Coinbase, which rose 1.35 percent in premarket trading, and other firms like Riot Platforms and Hut 8, which posted gains of up to 3.1 percent, benefit from rising Bitcoin prices depending on market trends.

Legal situation and crypto records

Bitcoin is increasingly being viewed as a serious financial instrument. The market capitalization of Bitcoin is currently around $2.2 trillion and the discussion about new regulations and government Bitcoin reserves is increasing in the political and financial worlds. As [Anwalt.de] explains, Bitcoin and digital assets have been officially classified as financial instruments since 2020, which entails strict rules and licensing requirements for providers of wallet services and exchanges.

A comprehensive regulatory package for cryptocurrencies is being discussed in the USA, which could also affect international markets. Given these legal developments, it is crucial for private investors and companies to be clear about the legal framework.

Legal framework in Germany and the EU

In Germany, providers that manage Bitcoin or offer financial services must acquire a license from BaFin. Illegal offers can result in both civil and criminal consequences. Tax obligations must also be taken into account, as gains from speculation with cryptocurrencies are considered other income and companies have extensive documentation requirements.

In addition, the new EU Regulation on Markets in Crypto Assets (MiCAR) is expected to create a unified legal framework for cryptocurrencies from 2024/25. This regulation will introduce strict investor and consumer protection standards and subject licensing to BaFin.

Given the recent price rally and increased scrutiny of crypto transfers through KYC and money laundering reports, it is advisable for companies to establish clear corporate governance structures and regulatory reporting requirements. Special attention should also be paid to selecting reputable platforms to avoid risks with unregulated Bitcoin products.

Conclusion: Bitcoin is no longer a niche asset. The growth and the legal framework require investors and companies to deal intensively with the applicable regulations. Professional legal advice is becoming increasingly important in order to avoid suspected fraud and clarify compliance issues. As developments show, Bitcoin could continue to gain in importance due to current trends and legal frameworks.