Jadon Sancho will face no further action over his anti-racism gesture during Borussia Dortmund's win over Paderborn at the weekend.
Sancho unveiled a 'Justice for George Floyd' T-shirt after scoring in the game, a gesture for which he received a booking.
Sancho was one of a number of players to display statements of solidarity with Floyd, who died while being restrained by police in Minnesota.
In a statement the Bundesliga confirmed it would take "no proceedings" against the players concerned, "because of their solidarity and anti-racism statements in the case of the late American George Floyd."
The statement added: "The panel also intends to maintain this line in the event of renewed anti-racism campaigns to mark the violent death of George Floyd on the coming match days."
The DFB's response mirrors that of Fifa president Gianni Infantino, who said this week that players deserve "applause, and not a punishment" for their anti-racism displays.
A number of Premier League clubs have collectively taken a knee this week prior to resuming training, as a way of showing support for the Black Lives Matter movement.
DFB president Fritz Keller said: "I expressly welcome the far-sighted decision of the DFB control committee and am very happy about it.
"The DFB is firmly against all forms of racism, discrimination and violence and stands for tolerance, openness and diversity – values that also in the DFB statutes. So the actions of the players have our respect and understanding."
The other players concerned were Sancho's Dortmund team-mate Achraf Hakimi, Schalke's Weston McKennie, and Marcus Thuram of Borussia Monchengladbach.
United States internationals Zack Steffen and Tyler Adams expressed their solidarity in the wake of Floyd’s death.
Steffen issued a statement on Tuesday titled “Enough is enough” in which he said he was speaking in honor of “Floyd, Breonna Taylor, Ahmaud Arbery and every other African American who has been killed by police brutality.”
The 25-year-old goalkeeper spoke of his pride in wearing the national team shirt but questioned why its leaders “won’t protect its citizens who look like me?”
Steffen, who plays for Fortuna Dusseldorf, was unable to play this past weekend because of an injury but posted a statement on Twitter.
“If I’m going to wear the US flag, I need to know that it stands for something worth defending,” he wrote. “I need to know that it stands for something worth defending. I need to know that my country supports black lives. That our leaders see us. That they hear us. I am proud to defend my nation. All I ask is that my nation also defends me.”
Adams, who plays for Leipzig, posted a picture of the boots he wore in Monday’s game at Cologne, showing he had “Black Lives Matter” written on his left shoe and “Justice 4 George” on the right.
“As an African American who day in and day out is proud to represent America in the worlds game, I’m saddened and frustrated," Adams wrote.
"Collectively our voices will bring justice for these crimes. Enough is enough. Black lives Matter. Black lives inspire. Justice for Floyd. Forever one nation, one team. On and off the field.”
