Two Swedish lawmakers push study of a national Bitcoin reserve

Two members of Sweden's parliament submitted a motion on October 1 calling for the government to investigate creating a national Bitcoin reserve and to set out which authority would manage it, lawmakers said. The proposal, filed by Dennis Dioukarev and David Perez of the Sweden Democrats, asks the government to examine how Bitcoin could complement existing state assets such as the central bank's gold and foreign exchange reserves, and requests formal confirmation that the Riksbank Act will not be changed to introduce a central bank digital currency.

The motion, titled A Swedish Bitcoin Strategy, advances several arguments for including Bitcoin in state holdings. Lawmakers say Bitcoin's capped supply and global liquidity could provide diversification and protection against inflation because its value is not tied to the monetary policies of a single country. To avoid new spending, the proposal suggests transferring Bitcoin seized by law enforcement under existing asset forfeiture rules to the Riksbank or another designated authority rather than auctioning it, creating a budget neutral path to building reserves.

Supporters point to international developments as a precedent. They...