According to a report by Financial Associated Press on December 31 (Editor: Niu Zhanlin), former German Finance Minister Lindner recently stated that the European Central Bank and the German central bank should consider incorporating Bitcoin and other Cryptos into their reserve Assets, so the Trump administration cannot "have all the advantages."

Lindner believes that Bitcoin and other Cryptos play an "important" role in fostering Global prosperity and sees the current accumulation of such reserve Assets as a great opportunity that should not be missed. He also noted that Trump’s support for Cryptos is something that both the EU and the German government should emulate.

He stated: "Regarding Crypto Assets, the Trump administration is implementing an extremely aggressive policy." He claimed that the Federal Reserve may be considering "adding Cryptos to its official reserves, just like the dollar and Gold." However, Lindner did not provide any relevant sources of information.

In fact, Powell clarified two weeks ago that the Federal Reserve does not intend to add Bitcoin to its balance sheet. "We cannot Hold Bitcoin. The Federal Reserve Act specifies what we can own, and we also have no intention of seeking to modify the law. This is something for Congress to consider, but we are not seeking to change it at the Federal Reserve."

The incoming President Trump previously revealed: "We are going to do some great things in the Crypto field," he noted that more and more countries are embracing Cryptos but "we want to be the leaders." When asked if he plans to establish a Crypto reserve similar to the strategic petroleum reserve, Trump replied, "Yes, I think so."

Investors bet that the Trump administration will create a more friendly regulatory environment, boosting sentiment around this Cryptocurrency, as Bitcoin surpassed the long-awaited $0.1 million significant threshold in 2024.

Lindner insists that in terms of Cryptos, "Germany and Europe must not allow themselves to fall behind again," urging the European Central Bank and the German central bank to study whether Crypto Assets should also be part of the central bank's reserves.

When asked whether investing in Cryptos would be a risky move, the former Finance Minister responded that no one would invest everything in Cryptos. However, he still believes that Crypto Assets supported by a "decentralized system" could help mitigate the political risks associated with traditional currencies.

Lindner pointed out that this could also help enhance the resilience of reserves, as Crypto Assets have now become an important component of Global wealth growth.

This seems to align with the official view from Russia, where Finance Minister Siluanov stated last week that Russian companies have begun using Bitcoin and other Cryptos for international payments.

Earlier this month, Russian President Putin stated that the current USA government is using the dollar for political purposes, thereby undermining the dollar's role as the Global economic reserve currency and forcing many countries to turn to alternative Assets including Cryptos.