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The round table included the participation of the former German Minister of Finance, Christian Lindner.
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Germany would be about to realize that it lost a potential advantage by selling its BTC.
In Germany, the possible creation of a strategic bitcoin reserve is beginning to be discussed. This January 10, the German Parliament became the scene of a round table focused on the debate on Bitcoin and tokenized government bonds.
In a post on the social network
Lindner outlined three steps that Germany and the European Union should take to maintain their competitiveness in this space. The one that could be considered most controversial consists of lthe creation of a strategic reserve in bitcoin. This approach aligns with global trends where governments seek to diversify their reserves and protect against inflation.
If Germany moved towards creating a bitcoin reserve, it could end up regretting having sold, in 2024, the 50,000 bitcoin it was guarding. Although, it should be noted that the sale was justified for judicial and ethical purposes, since they were the product of seizures related to criminal activities.
Donald Trump, who was elected for his second term as president of the United States, also proposed the creation of a strategic reserve in bitcoin. To do this, Trump proposed keeping the BTC that have been seized in judicial processes and incorporating them into said reserves. However, a federal judge gave the green light to the Department of Justice to put up for sale 69,370 BTC seized from Silk Road after its closure.
If the sale goes through, the United States could end up in a situation similar to that of Germany, if it can proceed with the creation of its bitcoin reserve.
At the round table that took place in the German Parliament, the suggestion also arose to approve Bitcoin exchange-traded funds (ETFs) in the European market. This would facilitate more regulated and secure access to cryptocurrency investing for both institutional and retail investors, thereby increasing liquidity and adoption.
One year after the approval and launch of bitcoin spot ETFs in the United States, there are already precedents that make it easier for European authorities to evaluate and move forward.
As stated earlier in this article, Lindner also advocated for the issuance of tokenized government bonds. Although it did not propose any specific network in which it recommends executing this measure.
European entities, such as the European Investment Bank (EIB), have already issued digital bonds of this type. NoticiasVE reported that, in that particular case, they used the Ethereum network for the launch.