Germany Proposes Three Approaches to Bitcoin Integration
Date: 2025-01-14 Author: Gabriel Deangelo Categories: IN WORLD
Lindner first proposed the introduction of government bonds based on blockchain technology. In his opinion, this could significantly increase transparency and improve the efficiency of the government debt market. Such a measure will allow Germany to strengthen its position as a leader in the field of blockchain.
The second approach involves using Bitcoin as a reserve currency. Lindner noted that creating a reserve in the first cryptocurrency will help Germany keep up with countries that are already using Bitcoin to protect against inflation risks.
The third option focuses on the launch of Bitcoin-linked exchange-traded funds (ETFs) within the European Union. Currently, there are no Bitcoin-focused ETFs in the EU. Investors have access only to exchange-traded bonds (ETNs) and exchange-traded commodities (ETCs). Lindner believes that the emergence of regulated cryptocurrency ETFs will provide large European companies with an opportunity to indirectly invest in Bitcoin.
Last year, Lindner already criticized the government, saying that Germany was missing out on valuable opportunities by not exploiting the potential of cryptocurrencies.
