Swedish MPs Propose National Bitcoin Reserve in Light of U.S. Initiatives on Seized Crypto Assets
The post Swedish MPs Propose National Bitcoin Reserve in Light of U.S. Initiatives on Seized Crypto Assets appeared on BitcoinEthereumNews.com.
Sweden is exploring Bitcoin for national reserves, following a global trend where countries recognize the potential of digital assets. Two Swedish MPs are advocating for the country to accumulate Bitcoin through seized assets, echoing similar moves by the United States. “Several international players regard Bitcoin as a custodian and a hedge against inflation,” stated MP Rickard Nordin, emphasizing the cryptocurrency’s growing importance. Sweden’s government is urged by MPs to consider Bitcoin reserves, following U.S. initiatives, amidst changing perspectives on digital assets globally. Sweden’s Legislative Push for Bitcoin Reserves: A Strategic Move In a significant step towards integrating Bitcoin into national finance, Swedish MPs Dennis Dioukarev and Rickard Nordin have formally proposed the idea of establishing Bitcoin reserves in Sweden. On April 14, 2025, Dioukarev presented a question to Finance Minister Elisabeth Svantesson, advocating for a structured approach to gather Bitcoin through assets confiscated by authorities. This proposal reflects a broader global trend of governments recognizing the strategic value of cryptocurrencies. The Influence of Global Trends on Swedish Policy Dioukarev’s proposal follows a similar initiative by Nordin, who has also called for a reevaluation of Sweden’s conservative financial stance, especially given Bitcoin’s rising status as a global asset class. “This is a trend seen in many countries,” Dioukarev stated in his inquiry. By linking his proposal to U.S. efforts, where President Donald Trump authorized a national Bitcoin reserve using seized assets, he highlights the urgency for Sweden to modernize its financial strategies. Bitcoin: A Hedge Against Inflation and Authoritarianism? Both MPs emphasized Bitcoin’s dual role as a potential inflation hedge and a financial lifeline for those in oppressive regimes. Nordin noted that “several international players regard Bitcoin as a custodian,” suggesting that its adoption could offer meaningful benefits at both domestic and international levels. This perspective indicates a profound shift among…
Filed under: News - @ April 15, 2025 6:25 am