Odaily Planet Daily News - European Parliament (MEP) French Member of Parliament Sarah Knafo delivered a speech urging the EU to adopt a 'strategic Bitcoin reserve' as part of broader measures to promote financial autonomy and combat inflationary pressures. Knafo is a French local judge and a member of the Court of Auditors, with a background in public service and political consulting. In her parliamentary speech, Knafo cited global cases, including El Salvador's early adoption of Bitcoin, and remarks from political figures like Trump and Federal Reserve Chair Powell, emphasizing that the wave of institutional acceptance of Bitcoin is rising. She asserted that the EU's current financial strategy places member states at a disadvantage in the rapidly evolving monetary landscape and criticized existing regulatory measures as overly stringent. She continued to advocate for the EU's burgeoning Bitcoin mining industry and stated that France's nuclear energy infrastructure could provide a competitive advantage. Knafo also discussed the necessity of adjusting current tax policies, urging legislators to 'stop taxing cryptocurrency holders' and emphasizing that holders of crypto assets take personal risks to create wealth. (Bitcoinist)

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