Former finance minister calls for Bitcoin reserves in German and European central banks

Former German Finance Minister Christian Lindner has urged the European Central Bank (ECB) and Bundesbank to consider adding Bitcoin to their reserves, citing growing US crypto initiatives.

Speaking to the German Press Agency in Berlin, Lindner referenced claims of US central bank discussions about adding crypto assets to reserves alongside traditional currencies and gold. 

He warned that Europe risks falling behind in cryptocurrency adoption.

While acknowledging Bitcoin’s price volatility, Lindner emphasized its decentralized nature as a potential advantage. 

“Crypto assets now account for a significant part of the global increase in prosperity,” he said, suggesting their inclusion could strengthen reserve resilience.

The comments follow German lawmaker Joana Cotar’s July proposal urging the government to hold Bitcoin as a strategic reserve. Cotar criticized Germany’s recent Bitcoin sales as “counterproductive” and called for a comprehensive Bitcoin strategy.

Lindner, who leads Germany’s Free Democratic Party, stressed that while the ECB and Bundesbank remain independent in their decisions, “Germany and Europe must not allow themselves to be left behind again.”

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