Europe’s MiCA framework is seen by Germany’s main opposition party as a barrier to Bitcoin adoption, sparking calls for regulatory reform.
The German parliament is set to review a motion urging the government to recognize Bitcoin as a unique, decentralized digital asset that deserves a strategic approach.
Germany’s main opposition party, Alternative for Germany (AfD), has submitted an official motion to the national parliament, the Bundestag, opposing the overregulation of Bitcoin (BTC).
Filed on Thursday, the motion argues that Bitcoin is fundamentally different from other crypto assets and should not fall under the Europe-wide crypto regulatory framework known as Markets in Crypto-Assets (MiCA).
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Author: Helen Partz
