Market
What major cryptocurrency policy will the EU introduce by the end of 2025?
2
Sarah Knafo•French•European Parliament•Reconquête•Bitcoin•Strategic Bitcoin Reserve•European Union•Knafo•European Central Bank•European•Europe
Resolution / Starting Odds
Establish Bitcoin Reserve • 25%
Launch Digital Euro • 25%
Reduce Crypto Taxes • 25%
No major policy change • 25%
Official announcements from the European Union or its member states
Story
French MEP Urges EU to Establish Bitcoin Reserve, Opposes Digital Euro
Dec 17, 2024, 10:59 AM
Sarah Knafo, a French representative to the European Parliament and a member of the Reconquête party, has delivered a pro-Bitcoin speech advocating for the establishment of a 'Strategic Bitcoin Reserve' in the European Union. Knafo criticized the European Central Bank's plans for a digital euro, calling it a 'totalitarian temptation'. She argued that investing in Bitcoin would protect European citizens from inflation and poor economic choices by states. The speech marks a significant moment as it is the first time a French political party has explicitly supported Bitcoin and related projects, including the creation of a national Bitcoin reserve. Knafo also called for the development of the mining industry in Europe and a reduction in taxes on cryptocurrency holders.
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