European lawmakers are silent on US Bitcoin Reserve in the middle of digital euro Push
European lawmakers remained silent on the US strategic Bitcoin Reserve Order, a landmark policy in favor of the early adopted bitcoin because of the economic model.
US president Donald Trump’s March 7 Executive Order structured a plan to create a bitcoin reserve Using cryptocurrency seized in criminal cases rather than buying bitcoin (Btc) in the market.
Despite the importance of the transition, European policy manufacturers have not yet made any major public statements regarding Bitcoin reserves, which has raised questions about their stance on BTC integration into national reserves.
This may signal a lack of efforts related to European Bitcoin due to the lengthy process of increasing new national property reserve, according to Anastasija Plotnikova, co-founder and CEO of Blockchain regulatory firm Fideum. He said:
“Usually there is a very clear legislative process or executive in the addition of various national resources, and in many cases, it is not an active voter or support to the central bank to push it.”
“(The) ECB (European Central Bank) in history and is currently very critical of the BTC as a reserve owner, so it effectively closes the doors to all EU member states,” Plotnikova added.
Meanwhile, lawmakers in Europe are preparing to launch the Digital Euro, a Central Bank Digital Currency (CBDC).
Related: US Bitcoin Reserve Marks ‘Real Step’ towards Global Financial Integration
Digital Euro Push presents concerns with payment infrastructure
The silence of European lawmakers in Trump’s Bitcoin Reserve Order is likely due to its focus on the digital euro, according to James Wo, the founder and CEO of venture capital firm DFG.
“It came from the ECB’s stable bearing against Bitcoin’s handling of its reserves, such as the ECB President Christine Lagarde’s reserves,” Wo told cointelegraph, added:
“It highlighted the EU’s emphasis on the digital euro, even the recently -abolition of the ECB’s target 2 (T2) payment system, which led to significant transaction delays, raised concerns about the ability to handle a digital currency when it struggled with sunny operations.”
Related: Bitcoin Reserve Backlash Signals unrealistic expectations in the industry
European lawmakers are pushing ahead of the digital euro launch for October 2025
Despite the doubt, ECB president Christine Lagarde is driving in advance of the digital euro, which is expected in October 2025. Lagarde emphasized that the CBDC will be together in cash and offer privacy protections to address concerns about government overreach.
“The European Union is looking to launch the Digital Euro, our Central Bank Digital Currency, in October this year,” Lagarde said at a news conference, adding:
“We work to ensure that digital euros are jointly with cash, responding to privacy concerns by doing so in vain and like cash in nature.”
Source: Cointelegraph
The United States and the European Union are taking the opposite approach to digital assets. While the EU is working to combine a centralized digital currency, Trump has made a steady bearing against CBDCs.
While CBDCs are praised for their potential to increase financial integration, critics have increased concerns about their monitoring capabilities and the potential for government overreach.
In July 2023 Brazil Central Bank published the source code for its CBDC pilot, and it only lasted Four days for people to notice The monitoring and control mechanisms that are emerged within its code, allowing the central bank to freeze or reduce user funds within the CBDC dominant.
https://www.youtube.com/watch?v=AV7xioy4zvc
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