Member of the Swedish Parliament Rickard Nordin has initiated a discussion on the possibility of forming a cryptocurrency reserve based on Bitcoin. In his official request to Finance Minister Elisabeth Svantesson, he urged the consideration of including this digital asset in the country’s currency reserves.
This is reported by Business • Media
Nordin emphasized the global trend regarding the role of digital assets in world economic policy, citing the example of the United States of America. In particular, he referred to former President Donald Trump’s directive to create a strategic Bitcoin reserve.
The politician noted that the U.S. plans to form a reserve based on confiscated Bitcoins and expressed the opinion that Sweden could also benefit from this experience to create its own cryptocurrency reserve. He is confident that digital gold can serve as a reliable protection against inflation and an important element of financial independence for citizens living under authoritarian regimes.
Nordin proposed a budget-neutral strategy for implementing this plan. He emphasized that Sweden should not spend public treasury funds to acquire Bitcoins but could instead retain confiscated assets obtained through law enforcement activities. According to him, this approach would allow the state to form a digital reserve without incurring additional costs.
Currently, the Riksbank adheres to a traditional approach to forming its currency reserves, which include only currency and gold. Nordin believes it is time to reconsider this strategy in light of changes in the global financial architecture and the growing role of cryptocurrencies.
An official response from the Finance Minister is expected by April 16, 2025. At the time of preparing this material, the authorities had not provided comments on Nordin’s initiative; however, analysts believe that this proposal could stimulate discussions about digital assets as an element of state strategy.
We remind you that we reported that the Texas Senate passed a bill to create a strategic Bitcoin reserve.