TechFlow news, June 5 — According to Cointelegraph, the European Parliament will vote in July on a technological sovereignty proposal submitted by the Committee on Industry, Research and Energy (ITRE), led by pro-Bitcoin member Sarah Knafo.
The non-binding report was approved by ITRE on June 3 and calls for policies to strengthen Europe’s digital ecosystem, noting that Europe lags behind the United States and China in strategic areas such as cloud computing, cybersecurity, artificial intelligence, semiconductors, and communication infrastructure. The proposal recommends removing barriers to private investment in innovation, promoting energy-efficient computing and blockchain infrastructure, and safeguarding digital financial privacy.
Knafo stated: "If all right-wing parties vote in favor, we have a strong chance of securing majority support. However, left-wing parties are pressuring center-right parties to block it." She emphasized that Europe already has the engineers and scientists needed to catch up with the U.S. and China—only requiring the right political framework to enable them to work within Europe.
Previously, Knafo publicly opposed the European Central Bank's digital euro initiative and called for establishing a Bitcoin strategic reserve.
