German Independent MP: 'Government Should Cease Bitcoin Sales'

IconCryptoNewsTerminal Staff04 Jul, 2024

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German Independent MP: 'Government Should Cease Bitcoin Sales'

In a bold move, German Bundestag independent MP Joanna Kotar has called on the government to cease selling Bitcoin. This follows a recent announcement that the government had deposited an additional 75.53 million euros worth of BTC on an exchange platform. Kotar stressed Bitcoin's crucial role in diversifying assets, hedging against inflation, and mitigating currency devaluation due to its limited supply.