Sweden is exploring the idea of including Bitcoin in its foreign reserves. MP Rickard Nordin recently questioned Finance Minister Elisabeth Svantesson about giving the Riksbank the authority to hold BTC, highlighting its similarities to gold and its use as a hedge against inflation and authoritarian regimes.
Nordin proposed funding this reserve using Bitcoin seized by police, making it budget-neutral — similar to U.S. practices. While the ECB opposes Bitcoin in central bank reserves, Sweden’s move could signal a shift in Europe’s crypto outlook.
The Minister may respond by April 16, but the debate is already making waves.
