Swedish Lawmakers Propose National Bitcoin Reserve Using Seized Assets

**Swedish Legislator Proposes National Bitcoin Reserve, Funding it with Seized Assets**

A Swedish legislator has introduced a proposal to establish a national Bitcoin reserve, suggesting that it should be funded through assets confiscated from criminal activities, rather than relying on taxpayer funds. This proposal is part of an expanding global dialogue regarding Bitcoin’s potential role in national economic strategies, as countries like the United States begin integrating cryptocurrencies into their official financial reserves.

### Dennis Dioukarev’s Proposal for a National Bitcoin Strategy

Dennis Dioukarev, a member of the Riksdag representing the Sweden Democrats, has presented a proposal to Finance Minister Elisabeth Svantesson to develop a national strategy for accumulating Bitcoin. Dioukarev advocates that Sweden could follow the example set by the United States, which established a strategic Bitcoin reserve funded by assets seized during law enforcement operations.

Dioukarev’s suggestion raises the question of whether Sweden should consider such a strategy to bolster its national currency reserves, alongside traditional assets like fiat currencies and gold. He has emphasized that this initiative would avoid the use of taxpayer funds, which is a critical concern for many government officials and citizens alike.

In a similar vein, Rickard Nordin, another Swedish parliament member, has called on the government to reconsider its cautious approach to Bitcoin in light of its growing influence on the global financial stage. Nordin argues that Bitcoin could act as an effective hedge against inflation, especially during periods of economic uncertainty. He also points out that the increasing global acceptance of Bitcoin, particularly as a store of value, positions it as a credible option for national reserves.

### The Global Context: U.S. Sets the Standard with a Bitcoin Reserve

The discussion in Sweden about establishing a national Bitcoin reserve is closely aligned with recent developments in the United States. In March, former President Donald Trump signed an executive order that authorized the creation of a strategic Bitcoin reserve composed of assets seized by law enforcement. This reserve, which now holds over 200,000 BTC, is the largest Bitcoin holding by any sovereign nation to date.

Since the U.S. government began acquiring Bitcoin through seizures, it has spurred similar discussions in other countries about the potential benefits of integrating Bitcoin into national economic policies.

For example, the Czech Republic is also considering the addition of Bitcoin to its foreign reserves. Aleš Michl, Governor of the Czech National Bank, has proposed allowing retail investors to invest up to $7 billion in Bitcoin, reflecting a growing recognition across Europe that digital assets may diversify and strengthen national reserves.

### Divergent Views on Bitcoin Across Europe

Sweden’s position on Bitcoin demonstrates a degree of openness, but the European Union remains divided on cryptocurrency policy. Christine Lagarde, President of the European Central Bank, has voiced skepticism about incorporating Bitcoin into the balance sheets of major financial institutions. Despite this, countries like Sweden are continuing to explore the potential benefits of Bitcoin, viewing it as not only a store of value and hedge against inflation but also as a means of safeguarding citizens in regions with authoritarian regimes.

As the conversation around Bitcoin and its role in national economies grows, Sweden’s proposed national Bitcoin reserve could be a pivotal step in shaping the future of financial reserves worldwide.