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Swedish MP Raises Bitcoin Reserve Proposal in Parliament

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by Giorgi Kostiuk

a day ago


Swedish Member of Parliament Dennis Dioukarev has proposed the consideration of a Strategic Bitcoin Reserve, highlighting the country's growing interest in digital assets at the government level.

MP's Initiative

Today, Swedish MP Dennis Dioukarev formally questioned Finance Minister Elisabeth Svantesson about the possibility of creating a *Strategic Bitcoin Reserve*. This step signals Sweden's increasing interest in digital assets as a means to safeguard economic stability in uncertain times.

Why Bitcoin for National Reserves?

The concept of a Strategic Bitcoin Reserve is gaining traction globally. Countries like El Salvador have already made headlines by incorporating Bitcoin into their financial systems. Proponents argue that Bitcoin, often referred to as 'digital gold', offers a hedge against inflation, currency devaluation, and geopolitical tensions.

What Could This Mean for Sweden?

If Sweden moves forward with this idea, it would be among the first major European economies to formally assess Bitcoin as a national asset. A Strategic Bitcoin Reserve could diversify the country’s financial holdings and possibly even boost innovation in Sweden’s growing fintech sector.

While no official plans have been made yet, Dioukarev’s inquiry may set the stage for broader discussions within the government and financial institutions.

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