Christian Lindner urges the ECB and Bundesbank to add Bitcoin to reserves.
Germany joins Hong Kong, Poland, and Japan in exploring Bitcoin reserves.
Christian Lindner, Germany’s former finance minister, has urged the European Central Bank (ECB) and the Bundesbank to adopt Bitcoin in their reserves. He praised the U.S. administration’s crypto policies under Donald Trump, calling them “progressive” and forward-thinking. Lindner emphasized that Europe should avoid lagging in the global shift toward digital assets.
In a parliamentary meeting, Lindner highlighted the rising importance of cryptocurrencies like Bitcoin. He argued that crypto assets now contribute significantly to global prosperity. According to him, incorporating Bitcoin into central bank reserves would strengthen Germany’s economic resilience.
Europe Looks to Catch Up with U.S.
Lindner pointed to the United States’ strides in crypto adoption. Recent discussions in Washington include adding crypto assets to the Federal Reserve’s reserves. Lindner believes Germany and Europe must keep pace with these developments. The former minister also backed a European Parliament proposal for a “Bitcoin Strategic Reserve.”
Earlier this month, a European MP lauded El Salvador’s Bitcoin investments and called for Europe to develop a similar strategy. Meanwhile, Lindner stressed the ECB and Bundesbank’s independence in decision-making but urged proactive measures to adopt Bitcoin.
Germany’s Bitcoin Debate Gains Momentum
The debate over Bitcoin adoption in Germany has grown this year. In July, lawmaker Joana Cotar urged the government to hold Bitcoin as a “strategic reserve currency.” She criticized the ongoing sale of Bitcoin holdings as counterproductive. Cotar proposed alternatives like Bitcoin treasury holdings and issuing Bitcoin bonds.
Despite the risks of Bitcoin’s volatility, Lindner believes the decentralized nature of crypto mitigates political risks. He suggested measured investments to diversify Germany’s reserves.
The idea of national Bitcoin reserves is spreading globally. Hong Kong, Poland, and Japan are also exploring the concept. In Hong Kong, lawmakers proposed integrating Bitcoin into the Exchange Fund to strengthen financial security. The U.S. and Europe’s Bitcoin moves could set the stage for broader adoption worldwide.
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