Policymakers in Germany are discussing ways for the country to adopt Bitcoin and become competitive in the digital currency space. At a recent Blockchain Roundtable in the German Parliament, former finance minister Christian Lindner outlined three potential approaches. First, Lindner suggested issuing German government bonds on the blockchain to improve efficiency and transparency in the bond market. Second, he proposed holding Bitcoin as a strategic reserve asset to hedge against inflation. Lastly, Lindner recommended enabling Bitcoin exchange-traded funds (ETFs) in the EU to encourage greater adoption and liquidity. The discussions come six months after Germany sold approximately 50,000 BTC, which had a significant impact on the price. Bitcoin is currently trading at $94,888.47.
- Content Editor ( u.today )
- 2025-01-10
German Policymakers Working on New Bitcoin Adoption Strategy