Groundbreaking Bitcoin Proposal from the German Official: Let It Be a Legal Payment Instrument!

Joana Cotar, a member of the German federal parliament, took action to have Bitcoin (BTC) accepted as legal currency in the country.

Joana Cotar recently made remarkable statements during an interview in which she talked about her goals of bringing Bitcoin to the mainstream of German finance. Bitcoin in his speech Legal currency in Germany The member of parliament stated that he wanted to create a legal framework for its acceptance as a “preliminary examinationHe emphasized that he intends to start.

However, Joana Cotar, who supports the idea that Bitcoin integration should be carried out securely, argued that customers and financial institutions should be protected by law. Cotar, however, Bitcoin’s independent and innovative structure He emphasized that it should be done without causing any harm.

Besides all these verbal actions Bitcoin in the Bundestag He also started an initiative called. Thanks to this interaction, Cotar encouraged his colleagues in parliament to consider Bitcoin. To enlighten and raise awareness about the various benefits wants. While stating that if such a level of awareness about Bitcoin is reached, a healthier committee can be established, he included the following statements between the lines of his statement:

It is very important for us to establish an official Bundestag committee that recognizes the technological differences between Bitcoin and other cryptocurrencies and is mainly concerned with the importance of Bitcoin for our society.

On the other hand “Digital Eurocentral bank digital currency (CBDC) projects such as taking a tough stance against Cotar believes that such products are more surveillance and repressive regimes He claimed that he would not bring anything else.

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