Will Germany Follow the US And Include Bitcoin To Its Reserves?
Bitcoin (BTC) has been making noise over the past couple of months for its notable uptick. Along with this, President-elect Donald Trump’s increased interest in the king coin made headlines. Trump’s announcement earlier this month that he intends to establish a strategic U.S. Bitcoin reserve like its strategic oil reserve fueled the fervor of cryptocurrency bulls. Similarly, a former German Finance Minister echoed this sentiment but for his country. Also Read: El Salvador’s Bitcoin Stash Tops 6,000 BTC: A Model for National Crypto Investment? Bitcoin To Enter German Reserves? Source: Stern According to a recent report, Christian Lindner, the leader of the Free Democrats (FDP) party, has supported the concept of using Bitcoin to diversify Germany’s reserves. The former finance minister noted that the European Central Bank (ECB) needs to follow suit. As Lindner has suggested, the United States is contemplating making Bitcoin a government reserve asset, which is why he th...