One other week, one other Swedish lawmaker pushing Bitcoin into the nationwide highlight.
On Monday, Dennis Dioukarev, a Member of the Riksdag representing the Sweden Democrats, submitted a proper query to Finance Minister Elisabeth Svantesson, proposing a nationwide technique to accumulate Bitcoin by means of confiscated belongings.
“This can be a development seen in lots of international locations,” he wrote, referencing the U.S. authorities’s transfer to ascertain a strategic Bitcoin reserve utilizing seized funds. “Is that this one thing that the minister and the federal government are contemplating?”
As we speak I submitted a query to the swedish minister of finance @ElisabethSvan relating to a strategic bitcoin reserve for the centralbank. pic.twitter.com/Wogil1Camj
— Dennis Dioukarev (@DennisDioukarev) April 14, 2025
Dioukarev’s proposal follows the same name from MP Rickard Nordin, who on April 8 urged the identical minister to rethink Sweden’s conservative strategy to its reserves in gentle of Bitcoin’s rising significance globally.
“A number of worldwide gamers regard Bitcoin as a custodian and a hedge towards inflation,” Nordin famous. “It is usually an necessary means for freedom fighters to deal with funds when below the oppression of authoritarian regimes.”
The dual proposals mark a rising shift in Europe as lawmakers start to reckon with Bitcoin’s geopolitical momentum.
In March, U.S. President Donald Trump signed an government order to ascertain a nationwide Bitcoin reserve, funded not by means of purchases however by retaining seized crypto belongings.
The order authorizes the Treasury and Commerce Departments to discover budget-neutral methods to broaden these holdings.
White Home AI and Crypto Czar David Sacks mentioned the order additionally units up a definite Digital Asset Stockpile made up of non-Bitcoin belongings seized in authorized proceedings.
Bitcoin overseas
Elsewhere, Czech Nationwide Financial institution Governor Aleš Michl has floated the thought of including Bitcoin to the nation’s $7 billion in overseas reserves, calling it a robust “diversification” device for the nation’s belongings.
Italy, too, has seen help from some political circles for each private and non-private Bitcoin funding.
In January, Intesa Sanpaolo, Italy's largest banking group, bought 11 Bitcoins for roughly $1 million, turning into the primary Italian financial institution to put money into crypto instantly.
However these developments conflict with Europe’s broader stance. In January, ECB President Christine Lagarde dismissed Bitcoin as “unsafe,” saying, “I’m assured that Bitcoins won’t enter the reserves of any of the central banks.”
As of now, Bitcoin is buying and selling at $85,586.92, up 1.5% within the final 24 hours, CoinGecko knowledge exhibits. The world’s largest crypto nonetheless stays 21.3% under its all-time excessive of $108,786, reached on January 20, forward of Donald Trump’s inauguration as U.S. President.
Edited by Sebastian Sinclair
