🇸🇪 𝗦𝘄𝗲𝗱𝗶𝘀𝗵 𝗠𝗣 𝗨𝗿𝗴𝗲𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗔𝗱𝗱𝗶𝘁𝗶𝗼𝗻 𝘁𝗼 𝗙𝗼𝗿𝗲𝗶𝗴𝗻 𝗥𝗲𝘀𝗲𝗿𝘃𝗲𝘀
Swedish MP Rickard Nordin has submitted a proposal to the Finance Minister ➤ suggesting Sweden should include Bitcoin in its foreign exchange reserves.
He was inspired by a similar executive order from U.S. President Trump, pushing for national Bitcoin reserves.
🔑 Key Proposal Highlights:
➤ Sweden’s reserves are currently based on foreign currencies and gold
➤ Nordin believes Bitcoin is a global hedge against inflation
➤ He proposes a budget-neutral way to adopt BTC
🌍 European Reactions:
➤ The Czech National Bank is also considering Bitcoin for reserve diversification
➤ However, the EU is focused on launching the digital euro, staying silent on BTC policy
ECB President Christine Lagarde confirmed:
➤ Digital Euro to launch in October 2025
➤ Will feature pseudo-anonymous design
➤ Aims to coexist with cash and address privacy concerns
🇺🇸 U.S. Contrast:
➤ The Trump administration opposes CBDCs
➤ A recent ban was issued on any U.S. CBDC issuance or circulation