German federal lawmakers support Bitcoin as the country's legal tender

ChainCatcher news, according to Forbes, German Federal Member of Parliament Joana Cotar announced her support for recognizing Bitcoin as Germany's legal tender. Cotar intends to lead a "preliminary review" to establish a legal framework that formally recognizes Bitcoin's status.

To advance her initiative within the German legislature, Cotar launched the "Bitcoin in the Bundestag" initiative, aimed at informing her parliamentary colleagues about the many benefits of Bitcoin, thereby enabling more informed legislative decisions.