The post Swedish Lawmakers Push Plan for National Bitcoin Reserve appeared on BitcoinEthereumNews.com. Bitcoin Sweden could become the latest country to explore holding Bitcoin in its state reserves if a new parliamentary push gains traction. Two members of the Swedish Democrats, Dennis Dioukarev and David Perez, have formally asked lawmakers to study the creation of a Bitcoin reserve as part of the nation’s long-term financial strategy. Their argument is simple: gold and foreign currencies carry political and economic risks, while Bitcoin operates independently of any government. With its capped supply of 21 million coins and global liquidity, they say it could act as a hedge against inflation and a safeguard during geopolitical shocks. A Political Opening The proposal matters because the Swedish Democrats hold sway in the ruling coalition, giving them leverage even without a majority. Dioukarev and Perez called Bitcoin adoption part of a “digital arms race,” urging Sweden not to fall behind other governments exploring similar moves. They noted the U.S. has already begun discussing strategic reserves and suggested Sweden could even seed its own stockpile using confiscated crypto. At present, Sweden has no official Bitcoin holdings. However, a 2024 law permits authorities to seize digital assets alongside luxury goods, creating a potential pipeline for state reserves. Rejecting a Digital Krona The MPs also pushed back against the idea of a central bank digital currency, asking the government to guarantee that Sweden will not rewrite its monetary laws to allow for an e-krona. While the central bank has run pilot projects since 2020, critics fear a state-issued digital currency could erode privacy and concentrate too much power in official hands. Crypto Already Growing in Sweden Although the government hasn’t embraced Bitcoin, the private sector is steadily expanding. More than 80 crypto firms are registered in Sweden, raising nearly $50 million in venture funding, and Bitcoin ATMs and exchanges operate legally under… The post Swedish Lawmakers Push Plan for National Bitcoin Reserve appeared on BitcoinEthereumNews.com. Bitcoin Sweden could become the latest country to explore holding Bitcoin in its state reserves if a new parliamentary push gains traction. Two members of the Swedish Democrats, Dennis Dioukarev and David Perez, have formally asked lawmakers to study the creation of a Bitcoin reserve as part of the nation’s long-term financial strategy. Their argument is simple: gold and foreign currencies carry political and economic risks, while Bitcoin operates independently of any government. With its capped supply of 21 million coins and global liquidity, they say it could act as a hedge against inflation and a safeguard during geopolitical shocks. A Political Opening The proposal matters because the Swedish Democrats hold sway in the ruling coalition, giving them leverage even without a majority. Dioukarev and Perez called Bitcoin adoption part of a “digital arms race,” urging Sweden not to fall behind other governments exploring similar moves. They noted the U.S. has already begun discussing strategic reserves and suggested Sweden could even seed its own stockpile using confiscated crypto. At present, Sweden has no official Bitcoin holdings. However, a 2024 law permits authorities to seize digital assets alongside luxury goods, creating a potential pipeline for state reserves. Rejecting a Digital Krona The MPs also pushed back against the idea of a central bank digital currency, asking the government to guarantee that Sweden will not rewrite its monetary laws to allow for an e-krona. While the central bank has run pilot projects since 2020, critics fear a state-issued digital currency could erode privacy and concentrate too much power in official hands. Crypto Already Growing in Sweden Although the government hasn’t embraced Bitcoin, the private sector is steadily expanding. More than 80 crypto firms are registered in Sweden, raising nearly $50 million in venture funding, and Bitcoin ATMs and exchanges operate legally under…