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Sweden's Bold Bitcoin Move: Lawmakers Ponder National Crypto Reserve

Published 1 hour ago1 minute read
David Isong
David Isong
Sweden's Bold Bitcoin Move: Lawmakers Ponder National Crypto Reserve

Sweden is actively exploring the establishment of a national Bitcoin reserve, following a motion filed on October 1 by two members of parliament, Dennis Dioukarev and David Perez of the Swedish Democrats. This initiative represents the latest move by a European nation to consider integrating Bitcoin into its financial holdings. The motion specifically asks the Riksdag to mandate the government to investigate the feasibility of creating such a reserve and to identify the appropriate authority for its oversight.

The lawmakers argue that

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