Swedish lawmakers are pushing for a strategic shift in national financial planning, advocating for Bitcoin to join the country’s official reserves. Two parliament members, Dennis Dioukarev from the Sweden Democrats and Rickard Nordin from the Centre Party, have issued open letters urging Finance Minister Elisabeth Svantesson to consider incorporating Bitcoin. ๐ณ๐ฑ Dioukarev proposes utilizing confiscated crypto assets as a starting point for building this reserve, citing a global trend of nations establishing similar Bitcoin reserves, inspired by the US’ recent move. He questioned if Sweden’s finance ministry had plans for similar exploration. ๐ค Nordin further challenged the traditional gold-based reserves policy, urging the Riksbank to consider incorporating Bitcoin in its foreign currency reserves. ๐ He argued that Bitcoin offers protection against inflation and promotes democratic ideals, particularly beneficial for individuals in authoritarian regimes. To maintain budget neutrality, he suggests retaining seized Bitcoin instead of selling it. ๐ฐ Nordin highlights a successful example from the US, where President Trump signed an executive order designating Bitcoin as part of the country’s sovereign reserves. ๐บ๐ธ This move inspired similar discussions across Europe, with Czech central bank governor Aleลก Michl discussing Bitcoin as a diversification tool for national reserves and French lawmaker Sarah Knafo urging European nations to consider building Bitcoin reserves instead of central bank digital currencies. ๐ซ๐ท However, not all countries are enthusiastic about adopting this shift. ๐ฆ๐บ Australian officials have dismissed the idea, stating they remain focused on regulating crypto rather than accumulating it. ๐๏ธ Further information can be found in the original article from DeFi Planet. ๐ฐ