Swedish MP Proposes Bitcoin Reserves for Financial Stability

A Swedish parliament member has proposed incorporating Bitcoin into the nation’s foreign exchange reserves, suggesting increased openness to cryptocurrency adoption in Europe. Rickard Nordin, a member of Parliament, issued an open letter urging Finance Minister Elisabeth Svantesson to consider Bitcoin as a national reserve asset. Nordin’s proposal highlights the growing interest in digital assets after recent moves by the United States, which initiated its own Bitcoin reserve program.