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Sweden Eyes Bitcoin Reserve to Boost Economic Sovereignty
Sweden may soon join the global movement to secure digital assets, following a new parliamentary motion proposing the creation of a national Bitcoin reserve. Introduced on October 1, the initiative positions Bitcoin as a modern financial safeguard amid rising concerns over inflation, currency volatility, and geopolitical instability.
Lawmakers Push for Bitcoin in National Reserves
The proposal, championed by Sweden Democrats members Dennis Dioukarev and David Perez, urges the Swedish government to treat Bitcoin not as an experiment but as a strategic reserve asset. The motion emphasizes the need to establish a formal framework, likely involving either the Riksbank or the Ministry of Finance, to manage and oversee the digital holdings.
“We are entering an era where relying solely on gold and foreign currencies is insufficient,” Dioukarev stated, highlighting the limitations of traditional reserves. Perez added that Bitcoin’s fixed supply and global liquidity make it “an unparalleled safeguard of sovereignty when global trust in fiat currencies is eroding.”
Nordic Momentum Builds Around Digital Assets
The proposal comes at a time when Nordic countries are exploring new strategies to protect their economies. While Finland and the UK already hold Bitcoin from law enforcement seizures, and Norway is incorporating digital assets into its sovereign wealth planning, Sweden’s move would mark the first formal effort in the region to establish a Bitcoin reserve.
Analysts believe that if Sweden proceeds, it could spark a wider shift across Europe, pushing other nations to reassess their approach to digital asset reserves.
Strategic Review on the Horizon
A Finance Committee review scheduled for later this month will determine the motion’s future in parliament. If adopted, it could reshape Sweden’s financial playbook, aligning it with a growing number of countries recognizing Bitcoin as a sovereign hedge—not just a speculative asset.
