[Germany Plans to Include Crypto Accounts in Account Inquiry Procedures; Draft Allows for Five-Business-Day Freezes] According to CryptoTicker, a draft ministerial document from the German Federal Ministry of Finance dated October 28th indicates that Germany's account inquiry system will eventually cover crypto accounts. The draft stipulates that crypto exchanges and other crypto asset service providers must enter customer account master data into the account inquiry procedures outlined in Section 24c of the German Banking Act. Authorities can then use this information to check which platform a user opened an account on, the account opening date, and whether the account still exists, excluding balances and individual transactions. Furthermore, the Financial Intelligence Unit (FIU) can freeze crypto asset accounts for up to five business days upon suspecting money laundering, and objections will not lift the freeze. This draft is still under inter-agency coordination and has not yet come into effect; the new anti-money laundering law is scheduled to replace the current law on July 10, 2027.