Germany Proposes National Bitcoin Reserve, Views Bitcoin as ‘State-Free’ Money

Germany's Alternative for Germany (AfD) party has introduced a motion to establish a national Bitcoin reserve, potentially making Germany the first major European nation to integrate Bitcoin into its sovereign reserves. The proposal argues that Bitcoin, being issuer-less, should be exempt from the EU's MiCA framework designed for centrally issued tokens. The AfD frames Bitcoin as "state-free money" that protects individual freedom against the surveillance potential of the planned digital euro. Furthermore, the motion calls for avoiding regulatory burdens on non-custodial wallet and Lightning node operators and maintaining the tax exemption for long-held Bitcoin. This move contrasts sharply with Germany's recent actions, as the government sold nearly 50,000 BTC seized from a piracy site between June and July 2024. The German initiative follows a similar proposal in France and signals a growing recognition across Europe that Bitcoin could be a strategic asset for financial sovereignty.

(Source：Bitcoin Magazine)