Bitcoin Gets Its Own Lobby Group in German Parliament

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Germany has received its own Bitcoin government lobby group the Bitcoin Bundesverband, the country’s first dedicated to cryptocurrency.

The official founding of the lobby group took place at the German parliament building, the Bundestag, in Berlin Thursday.

We are founding the Blockchain Bundesverband e.V. In the Bundestag. pic.twitter.com/VKKsPdRJ37

— Fabian Vogelsteller (@feindura) June 29, 2017

“We support the still nascent economic shift centered on the application of decentralized Blockchain technology through expertise, public works and our network,” a statement from press spokesman Radoslav Albrecht states on the group’s website. 

“The group is headquartered in Berlin and is organized on a voluntary basis.”

Germany has hitherto had little exposure to Blockchain and crypto-associated innovation, due in part to a mixed legislative landscape.

The status quo is slowly changing, and the presence of the Bundesverband in the heart of Germany’s political center could well be cause for celebration.

The effort is spearheaded by various German Bitcoin business figures including Oliver Flaskämper from Bitcoin.de, Germany’s first regulated marketplace.

The collective has in fact existed for several years in various forms.

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