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December 17, 2024

No to CBDC Yes to Bitcoin European MP Advocates for EU Bitcoin Reserve

European Parliament Member Sarah Knafo asserts that the time has arrived to reject totalitarian temptations from the European Central Bank and instead adopt Bitcoin as a key asset. Highlighting growing concerns against the rise of CBDCs, Knafo’s remarks emphasize Bitcoin’s value as an alternative. This approach to cryptocurrency potentially aligns with an emerging trend among policymakers excited about the decentralized nature of Bitcoin. As discussions around cryptocurrency regulation continue, Knafo’s advocacy could pave the way for greater acceptance of Bitcoin within the European Union.

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