Joana Cotar, a member of Germany’s Bundestag federal parliament, is advocating for making itcoin-ether-stumble-in-asia">itcoin">Bitcoin a legal tender in the country. Her “itcoin">Bitcoin in the Bundestag” initiative aims to thoroughly assess pathways for itcoin">Bitcoin’s formal economic integration.
Cotar seeks to educate fellow legislators about itcoin">Bitcoin’s advantages to enable progressive policies. She recognizes the need to balance innovation with appropriate safeguards against risks like money laundering.
Germany has increasingly embraced crypto, with Commerzbank recently securing the country’s first crypto custody license for a major bank.
But itcoin">Bitcoin as legal tender would be groundbreaking. Cotar stresses ensuring both regulatory security and financial freedom.
The effort highlights growing political recognition of crypto’s potential. With thoughtful policy, Germany could pioneer itcoin">Bitcoin’s mainstream adoption while addressing risks.
Cotar exemplifies a new generation of tech-savvy lawmakers ready to shape a blockchain-enabled financial future.
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