Bitcoin-friendly European Parliament MEP Sarah Knafo says Europe is still at the very beginning of the digital revolution, which will help it compete with economies like China and the US.
The European Parliament is set to vote on a technology sovereignty proposal submitted by the Committee on Industry, Research and Energy (ITRE) under the leadership of pro-Bitcoin lawmaker Sarah Knafo.
ITRE, one of 24 standing committees in the European Parliament, on June 3 adopted a non-binding report on tech sovereignty and digital infrastructure, calling for a European policy for the digital ecosystem.
The proposal highlights concerns that Europe is falling behind the United States and China in strategic sectors such as the cloud, cybersecurity, artificial intelligence, semiconductors and communication infrastructure.
