German Lawmaker Joana Cotar Slams CBDC, Seeks Bitcoin Legal Tender

German lawmaker Joana Cotar, currently a member of the Bundestag, the German federal parliament, remains a big critic of Central Bank Digital Currencies (CBDC). She has slammed the digital euro over privacy concerns while advocating for making Bitcoin a legal tender in Germany. 

Cotar has criticized the debut of the digital euro due to centralization, privacy, and increased control over financial institutions’ data. The lawmaker has highlighted the complexities and controversies surrounding the adoption of a Central Bank Digital Currency in Europe. As per a report from Forbes, the German politician has shown her support for making bitcoin legal tender in Germany.

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