Frank Schäffler is a member of the German Parliament for the FDP (Free Democratic Party) parliamentary group and managing director of the Berlin-based think tank Prometheus – The Freedom Institute. As an industrial clerk and graduate economist, he is a member of the Budget Committee, the Digital Committee, and the spokesperson for FinTech and blockchain innovations for the FDP parliamentary group in the German Bundestag.
In his parliamentary work, Frank Schäffler advocates for creating a regulatory and political framework that paves the way for the success of the blockchain industry in Germany. As part of the Future Financing Act, the issuance of shares on the blockchain is made possible, and the Markets in Crypto Assets (MiCA) regulation at the EU level establishes a unified European crypto market.
Frank Schäffler is convinced that Bitcoin and other cryptocurrencies can pave the way for a market-based monetary order.