Blockchain expert Fiorenzo Manganiello predicts that European central banks could start accumulating Bitcoin by 2025. This prediction comes after the introduction of the EU's Markets in Crypto-Assets (MiCA) regulation, which aims to provide clear legal frameworks and stabilize the crypto market. Manganiello believes that the regulatory clarity provided by MiCA will encourage institutional investors to enter the market, potentially reducing volatility and legitimizing Bitcoin as a financial asset. He argues that this shift could extend to central banks, who may begin holding Bitcoin as a hedge against traditional market instability. The introduction of MiCA seeks to address challenges in the crypto sector, such as fraud, market volatility, and inadequate investor protections, by establishing a unified set of rules for all 27 EU countries. If European central banks do accumulate Bitcoin, it would represent a significant change in Bitcoin's role within the global financial system.
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