Swedish lawmaker Rickard Nordin has put ahead a provocative query to the nation’s finance minister: ought to Sweden think about protecting Bitcoin in its reserve portfolio?
In a proper request to Finance Minister Elisabeth Svantesson, Nordin urged the federal government to weigh the potential of digital belongings in nationwide fiscal technique, particularly as worldwide discourse round Bitcoin continues to develop.
Nordin highlighted how some U.S. states and officers have already floated the idea of treating Bitcoin like a digital model of gold—notably related throughout occasions of financial instability and geopolitical tensions. He emphasised Bitcoin’s usefulness not simply as an funding, however as a software for preserving worth, particularly in international locations with repressive regimes.
As a substitute of advocating for Sweden to purchase Bitcoin outright, Nordin proposed a cost-free technique: maintain on to any BTC seized by authorities, moderately than promoting it off. He pointed to america, the place companies just like the DOJ and IRS have amassed massive quantities of cryptocurrency by means of asset seizures—with out spending public cash to accumulate it.
Sweden’s central financial institution, Sveriges Riksbank, at present sticks to traditional belongings like foreign currency and gold in its reserve technique. Nordin believes this conservative stance must be reexamined, given the altering panorama of economic instruments.
The inquiry, formally listed as 2024/25:997, requires a proper reply from the finance minister by April 16. To this point, the ministry hasn’t supplied any public response.
This growth displays a broader development: whereas international locations like El Salvador have gone all-in on Bitcoin, extra developed economies are nonetheless determining how—if in any respect—digital belongings match into their monetary programs. Nordin’s suggestion may provide Sweden a center path: integrating Bitcoin into state reserves by means of asset retention, with out committing taxpayer funds.
