Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Lawmakers in Sweden Urge Government to Create National Bitcoin Reserve

Lawmakers in Sweden Urge Government to Create National Bitcoin Reserve

CoinspeakerCoinspeaker2025/10/01 16:00
By:Coinspeaker

Two Swedish lawmakers have introduced a motion calling for a government-backed Bitcoin reserve funded by confiscated cryptocurrency, citing the US GENIUS Act as precedent.

Key Notes

  • The proposal seeks to establish a Bitcoin reserve from seized crypto assets while explicitly rejecting digital central bank currency.
  • Swedish Bitcoin Association chairman describes the parliamentary motion as a historic development for cryptocurrency adoption in Scandinavia.
  • The initiative positions Bitcoin as digital gold and protection against potential disruptions to global financial infrastructure.

A pair of MPs from the Riksdag Party in Sweden recently introduced a motion asking the government to consider creating a Bitcoin BTC $119 722 24h volatility: 1.9% Market cap: $2.39 T Vol. 24h: $67.08 B reserve.

According to a Microsoft translation, the motion , if passed, would task the government with exploring the creation of a Bitcoin reserve made up of seized cryptocurrency funds. It calls for the establishment of a managing authority but leaves the question of which organizations or committees would fill that role open.

Sweden Eyes Bitcoin as Economic Shield

The motion also states that the Riksdag does not want the government to change the definition of legal tender in the Riksbank Act and thus does not want it to introduce a digital central bank currency or “e-krona.”

Ammy Edberg, the chairman of the Swedish Bitcoin Association, called the motion “historic” in a post on X celebrating its introduction.

Yesterday, MP @DennisDioukarev submitted a motion for a national Bitcoin strategy in Sweden.

The proposal has two key points:
– Establish a strategic Bitcoin reserve
– Make it clear Sweden will not pursue a CBDC (e-krona)

It’s only a motion for now, but one for the history… pic.twitter.com/l7NM0drbV2

— BTChick (@bt_chick) October 2, 2025

Under the heading “motivation” the MPs referenced the US Bitcoin reserve being built as a result of the GENIUS Act which received support from democrats and republicans in both the US Senate and House.

The lawmakers position the strategic reserve as a bulwark against economic disruption, “digital gold,” and state that building a strategic Bitcoin reserve would position Sweden for a potential disruptive shift in the global financial infrastructure.

Global Race for Strategic Crypto Reserves Heats Up

Countries and businesses around the world are beginning to adopt Bitcoin and other cryptocurrency reserves at an increasing pace. As Coinspeaker recently reported, both Kyrgyzstan and the Philippines have recently advanced legislation to implement state crypto reserves.

On Sept. 23, The CfC St. Moritz digital asset conference established a Bitcoin reserve with Swiss-regulated digital asset banking group Sygnum Bank, committing 25% of its total treasury to the fund.

Meanwhile, US-based cryptocurrency exchange Coinbase celebrated an all-time-high for its Bitcoin, Ethereum ETH $4 451 24h volatility: 2.9% Market cap: $537.38 B Vol. 24h: $42.99 B , and stablecoin reserve on Sept. 19 when it reached a combined total of $112 billion, the highest it had been since November 2021.

next
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Xerox Campus Revitalization in Webster, NY: A Prime Prospect for Industrial Property and Development Investments

- Webster , NY's Xerox campus redevelops 300 acres of brownfield land with $9.8M FAST NY grant, targeting 2025 as a hub for advanced manufacturing and logistics. - Infrastructure upgrades include road realignment, sewer expansion, and electrical modernization to meet demands of semiconductor and food processing industries. - Tax incentives and PPPs attract firms like fairlife® (1M sq ft, 250 jobs) and Ranger Design, leveraging low 2% vacancy vs. national 7.4% average. - EPA-compliant remediation and sustai

Bitget-RWA2025/11/30 11:00
The Xerox Campus Revitalization in Webster, NY: A Prime Prospect for Industrial Property and Development Investments

AI-Powered Hybrid Staking Approach Connects Web2 and Web3, Enhancing Accessibility

- IntelliQuant's Lumint platform introduces a hybrid node staking model combining AI with blockchain to simplify operations for institutional and retail users. - The model uses account abstraction and gas fee sponsorship to lower entry barriers while integrating Web2/Web3 technologies for familiar user experiences. - An AI-powered investment platform with robo-advisory and crypto trend analysis is in development, supported by OKX partnership for global expansion. - The hybrid-incentive system aims to creat

Bitget-RWA2025/11/30 10:46
AI-Powered Hybrid Staking Approach Connects Web2 and Web3, Enhancing Accessibility

XRP News Update: Institutional Dominance Drives CoinShares to Adjust Its Crypto Approach

- CoinShares abandoned U.S. XRP/Solana/LTC ETF plans due to a crowded market dominated by institutional giants like BlackRock and Fidelity. - The firm will pivot to high-margin thematic crypto products and active strategies, exiting leveraged Bitcoin futures ETF BTFX . - Institutional dominance in crypto ETFs now exceeds 90% of inflows, with BlackRock's IBIT controlling $70B+ in assets and 3% of Bitcoin's supply. - XRP ETFs saw $179.6M inflows this week, but CoinShares cited "low margins and slow growth" c

Bitget-RWA2025/11/30 10:46
XRP News Update: Institutional Dominance Drives CoinShares to Adjust Its Crypto Approach

Ethereum Updates Today: Fed's QT Conclusion and FUSAKA Enhancement May Drive Ethereum's Upcoming Surge

- Ethereum tests $2,850 support as ETF inflows and FUSAKA upgrade boost institutional confidence. - FUSAKA upgrade introduces PeerDAS, boosting data capacity eightfold and cutting L2 fees by 90%. - Fed’s December QT end and rate cut expectations fuel liquidity and bullish sentiment. - Technical indicators show consolidation near $2,800–$3,080, with potential for $3,550 by mid-2026 if upgrades align with liquidity.

Bitget-RWA2025/11/30 10:32
Ethereum Updates Today: Fed's QT Conclusion and FUSAKA Enhancement May Drive Ethereum's Upcoming Surge