Swedish Lawmakers Propose National Bitcoin Reserve to Hedge Inflation

Swedish lawmakers Dennis Dioukarev and David Perez have proposed a motion to investigate establishing a national Bitcoin reserve, aiming to diversify Sweden's financial holdings and hedge against inflation without new government spending. The proposal suggests funding this reserve using cryptocurrency seized by law enforcement, which has amounted to over $8 million since legislation passed in 2024 allowing asset confiscation from individuals unable to prove legitimate income. The motion emphasizes Bitcoin's fixed supply, global liquidity, and independence from central bank policies as strategic advantages, and calls for maintaining Bitcoin's legal status without introducing a central bank digital currency. This initiative reflects a growing global trend, with several U.S. states and countries exploring similar Bitcoin reserve strategies. Sweden's move signals a commitment to financial innovation and digital progress, potentially positioning the country among the first in Europe to integrate Bitcoin into state reserves. The motion is under review by the Finance Committee and reflects Sweden's increasing interest in incorporating digital assets into national financial planning.