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MEP Berger on stablecoins: 'Europe must not be left behind and should be an attractive hub for innovation'

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MEP Berger on stablecoins: 'Europe must not be left behind and should be an attractive hub for innovation'
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Stefan Berger, Member of the European Parliament and a part of the Christian Democratic Union of Germany | X

Member of the European Parliament (MEP) Stefan Berger has emphasized the need for Europe to remain competitive in the field of stablecoins and innovation. Berger expressed this view in a post on X dated January 16.

"A good conversation today with Patrick Hansen from Circle about the future of stablecoins and MiCA," said Berger. "One thing is clear: Europe must not be left behind and should be an attractive hub for innovation."

According to the Free Democratic Party's (FDP) 2025 manifesto, advancing cryptocurrencies and digital ledger technology, including approving crypto exchange-traded funds (ETFs), is essential. The manifesto suggests that institutions like the European Central Bank and Deutsche Bundesbank should consider using cryptocurrencies such as Bitcoin as currency reserves. This initiative aims to bolster the resilience of Europe's monetary system. Additionally, it underscores the importance of maintaining cash as a payment method to protect user privacy in a digital euro, avoiding mandatory usage or financial risks.


Stefan Berger's post | X

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Berger has advocated for the European Union to appoint a dedicated representative for cryptocurrency. "The EU needs a crypto representative," he said. His remarks were shared on X on December 6, following U.S. President-elect Donald Trump's announcement of David O. Sacks as the White House Artificial Intelligence and Crypto Czar. According to Crypto Republique, Sacks will oversee U.S. policy on artificial intelligence and cryptocurrency, with goals to position the country as a global leader while addressing concerns about Big Tech bias and free speech.

President-elect Donald Trump has pledged to transform the United States into the "crypto capital of the planet" by implementing supportive policies and establishing a national Bitcoin reserve. He declared, "Instead of attacking industries of the future, we will embrace them, including making America the world capital of crypto and Bitcoin." Cointelegraph notes that this represents a shift from previous regulatory strategies, aiming to foster innovation and establish U.S. leadership in cryptocurrency.

Berger represents North Rhine-Westphalia as an MEP for the Christian Democratic Union (CDU), covering regions such as Lower Rhine, Düsseldorf, and Mettmann since 2019. He serves on the Committee on Economic and Monetary Affairs (ECON), focusing on competition, digitalization, innovation, and crypto assets.

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