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Germany Proposes Three Strategies for Bitcoin Implementation

Germany Proposes Three Strategies for Bitcoin Implementation

HappyCoinNewsHappyCoinNews2025/01/14 04:22
By:HappyCoinNews

In Germany, former Finance Minister Christian Lindner during a meeting in the country's parliament proposed Three key strategies for introducing Bitcoin into the financial infrastructure.

The first option proposed by the official is to offer government bonds based on blockchain. This will help increase the transparency and efficiency of the government bond market, which could help the country take a leading position in the blockchain field.

The second option, voiced by Lindner, is to use Bitcoin as a reserve currency. If Germany creates such a reserve in the first cryptocurrency, the state will not lag behind other authorities using Bitcoin as a tool for hedging inflation risks.

The third option involves launching exchange-traded funds Bitcoin in the European Union. There are currently no EU markets ETF , tied to Bitcoin. For now, investors have access to exchange-traded notes (ETN) and exchange-traded commodities (ETC).

Due to the emergence of cryptocurrency ETF European majors will be able to gain indirect access to Bitcoin by investing in regulated products, according to a former German finance minister.

Let us recall that last year he already spoke in parliament, where he expressed regret that the German government was missing the opportunity to use the potential of Bitcoin.

EN @happycoinnews
EN @happycoinnews_en
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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