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German lawmakers urge the German government to stop selling Bitcoin

2024-07-05 08:04:57
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ChainCatcher news, according to CryptoSlate, German parliamentarian Joana Cotar strongly criticized the government's decision to sell $195 million worth of Bitcoin, arguing that this move exacerbates market volatility and could have long-term negative effects on the stability of the cryptocurrency market. These Bitcoins originated from an investigation into the illegal website Movie2k.to.

Cotar stated on Twitter that the German government should reconsider this strategy and discuss with the United States the possibility of using Bitcoin as a strategic reserve currency.

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