A Swedish lawmaker, Rickard Nordin, has submitted an open letter to the finance minister proposing the inclusion of Bitcoin in the country’s foreign exchange reserves. This proposal mirrors a similar initiative by former U.S. President Donald Trump, who issued an executive order calling for using Bitcoin as part of national reserves. The proposal suggests a ‘budget-neutral’ approach to implementation. While Sweden traditionally favors traditional reserve holdings like foreign currencies and gold, the rapid growth of digital assets is prompting a reassessment. Bitcoin is gaining recognition globally as an inflation hedge and a widely adopted payment method. Meanwhile, the Czech National Bank governor is exploring Bitcoin incorporation in reserve diversification strategies. However, the European Union remains largely silent on Bitcoin legislation, prioritizing the development of the digital euro despite recent concerns about its management system, particularly following issues with the ECB’s T2 payment system. The EU aims to introduce the digital euro this October to ensure seamless coexistence with cash and address privacy concerns through a ‘pseudo-anonymous’ design. This contrasts sharply with U.S. policy where President Trump has explicitly opposed central bank digital currencies (CBDCs).