{"id":101605,"date":"2025-10-02T14:46:31","date_gmt":"2025-10-02T14:46:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=101605"},"modified":"2025-10-02T14:46:31","modified_gmt":"2025-10-02T14:46:31","slug":"is-sweden-about-to-stockpile-bitcoin-lawmakers-push-for-national-reserve","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=101605","title":{"rendered":"Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve<\/a><\/p>\n

<\/div>\n

Two members of Sweden\u2019s parliament have called on the government to explore creating a national Bitcoin reserve, marking the latest push by a European country to consider Bitcoin as part of its financial holdings.<\/p>\n

The motion<\/a>, filed Oct. 1 by Swedish Democrats Dennis Dioukarev and David Perez, asks the Riksdag to task the government with investigating how a Bitcoin reserve could be established and which authority would oversee it.\u00a0<\/p>\n

\u201cBy building a strategic bitcoin reserve, Sweden is positioning itself for a potentially disruptive shift in the global financial infrastructure,\u201d the motion stated.<\/p>\n

The lawmakers also urged the government to commit to not changing the definition of legal tender under the Riksbank Act<\/a> \u2014 a move that would rule out a Swedish central bank digital currency.<\/p>\n

\u201cThe Riksdag supports what is stated in the motion that the government should declare that it does not intend to change the definition of legal tender and announces this to the government,\u201d the motion stated.<\/p>\n

In their proposal, Dioukarev and Perez framed bitcoin as \u201cdigital gold\u201d that could complement Sweden\u2019s existing reserves of gold and foreign exchange.\u00a0<\/p>\n

They pointed to Bitcoin\u2019s fixed supply and independence from state monetary policy as giving it unique diversification benefits.<\/p>\n

Why Sweden is considering Bitcoin<\/h2>\n

The idea comes as countries worldwide are reassessing their approach to cryptocurrencies. In the U.S., President Donald Trump signed an executive order earlier this year to establish a federal Bitcoin reserve, funded largely through confiscated digital assets.<\/p>\n

Finland and the United Kingdom have accumulated Bitcoin through seizures, while Poland, Latvia and the Czech Republic are weighing whether to create their own reserves.<\/p>\n

Sweden currently does not publicly hold any bitcoin, according to data from Bitbo. The new framework could provide a budget-neutral way of funding a reserve, the lawmakers suggested, by transferring seized bitcoin into state custody.<\/p>\n

El Salvador and Bhutan have been early adopters of bitcoin reserves, while at the subnational level, several U.S. states \u2014 including Texas, Arizona and New Hampshire \u2014 have passed laws to establish their own holdings.\u00a0<\/p>\n

More recently, Kazakhstan launched a state-backed crypto reserve with support from Binance.<\/p>\n

The motion will next be reviewed by the Riksdag\u2019s Finance Committee later this month.<\/p>\n

This post Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve Two members of Sweden\u2019s parliament have called on the government to explore creating a national Bitcoin reserve, marking the latest push by a European country to consider Bitcoin as part of its financial holdings. The motion, filed Oct. 1 by Swedish Democrats […]<\/p>\n","protected":false},"author":0,"featured_media":101606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-101605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101605"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101605"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/101606"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}