Bitcoin News Today: Sweden Proposes Bitcoin Reserve as Hedge Against Global Economic Uncertainty

Generated by AI AgentCoin World
Wednesday, Oct 1, 2025 11:23 pm ET2min read
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- Sweden Democrats propose a national Bitcoin reserve to hedge against global economic risks, positioning Sweden as Europe's potential crypto pioneer.

- The motion emphasizes Bitcoin's role as a diversified reserve asset, citing its capped supply and liquidity, while avoiding legal tender changes or CBDCs.

- Sweden's approach mirrors global trends, with the U.S., UK, and others building reserves from seized assets, though regulatory caution persists domestically.

- Private sector adoption grows as firms like H100 Group add Bitcoin to balance sheets, contrasting with strict state oversight of crypto operations.

Sweden is advancing a proposal to establish its first national BitcoinBTC-- reserve, positioning itself as a potential pioneer in Europe. On October 1, 2025, a parliamentary motion titled "A Swedish Bitcoin Strategy" (Motion 2025/26:793) was submitted by Dennis Dioukarev and David Perez of the Sweden Democrats. The motion urges the government to investigate the feasibility of building a strategic Bitcoin reserve and to determine the appropriate authority for its management. It also requests confirmation that Sweden will not alter the legal definition of tender or introduce a central bank digital currency under the Riksbank Acttitle1[1]. The proposal frames Bitcoin as a complementary asset to existing reserves, including gold and foreign exchange, citing its potential for diversification, inflation protection, and liquiditytitle1[1].

Lawmakers argue that Bitcoin's capped supply of 21 million units and its independence from any single country's monetary policy make it an attractive hedge against global economic uncertainties. They highlight the cryptocurrency's role as a digital innovation benchmark, comparable in market capitalization to silver and larger than major corporations like Tesla and Metatitle1[1]. The motion emphasizes a budget-neutral approach, proposing that law enforcement agencies transfer seized Bitcoin to the Riksbank or another designated authority instead of auctioning it off. This method mirrors strategies adopted by the United States, where a bipartisan GENIUS Act has advanced a national Bitcoin reserve framework, and by the United Kingdom and Finland, which have accumulated Bitcoin through seizurestitle1[1].

Sweden's interest in Bitcoin as a reserve asset aligns with a global trend. The United States, under Donald Trump, established a Strategic Bitcoin Reserve in March 2025, utilizing seized assets to avoid taxpayer fundingtitle3[3]. Other nations, including the Czech Republic, Latvia, and Poland, are reportedly exploring similar strategiestitle1[1]. The proposal has drawn comparisons to the Czech National Bank's recent advocacy for allocating up to $7 billion to Bitcoin as part of foreign reserve diversificationtitle1[1]. Meanwhile, Brazil, Kazakhstan, and the Philippines have also signaled intentions to integrate Bitcoin into their financial strategiestitle1[1].

Despite growing international momentum, Sweden's regulatory approach to Bitcoin remains cautious. Swedish authorities have historically imposed strict oversight on crypto exchanges and miners, citing tax and compliance riskstitle1[1]. Justice Minister Gunnar Strömmer recently intensified asset seizures under a law targeting unexplained wealth, which has raised concerns about civil libertiestitle1[1]. However, private sector adoption is gaining traction: H100 Group AB and Refine Group AB have added Bitcoin to their balance sheets as a long-term treasury strategytitle1[1].

The motion will be reviewed by Sweden's Finance Committee on October 15, 2025, where lawmakers will debate the merits of joining the growing list of nations treating Bitcoin as a strategic financial assettitle1[1]. If approved, Sweden would join a select group of governments leveraging Bitcoin for economic resilience, signaling a shift in Europe's traditionally conservative stance toward digital assets.

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