European MP Calls For Strategic Bitcoin Reserve Similar to US
A European Member of Parliament (MP) has recently called for the creation of a “Strategic Bitcoin Reserve” in Europe, sparking significant debate on crypto adoption within the EU. The move is seen as an attempt to follow the United States’ lead, which reportedly plans to establish a similar reserve if re-elected.
During her speech in parliament, the MP emphasized that it’s time to change the paradigm and protect citizens from inflation. She highlighted the growing global shift towards Bitcoin adoption and expressed concerns over the European Central Bank’s (ECB) push for a digital euro. Instead, she advocated for investment in Bitcoin as a safeguard against inflation and economic uncertainty.
The MP praised El Salvador’s decision to invest heavily in Bitcoin, noting that the country’s holdings have appreciated by over 100% since their initial purchase. She believes that Europe should focus on financial freedom by investing in Bitcoin rather than imposing the Digital Euro.
Her remarks come amid rising institutional and governmental interest in Bitcoin worldwide. The move is seen as an attempt to keep pace with global trends, as nations like Japan and Bhutan are increasingly turning to Bitcoin for economic diversification.
The MP’s speech has intensified discussions around Bitcoin’s potential as a national reserve asset. She emphasized that adopting Bitcoin as a strategic reserve could help Europe strengthen its financial resilience, reduce reliance on fiat currencies, and compete with countries already embracing crypto assets.
Her comments align with global trends, as the world watches the rise of decentralized finance (DeFi) and institutional investment in cryptocurrency.
Source: www.cryptonewsz.com