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Two Sweden Democrats MPs proposed a study into creating a strategic national Bitcoin reserve.
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Motion urges clarity on legal tender (no changes) and no CBDC rollout; frames BTC as a complement to gold/FX reserves.
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Follows global momentum after U.S. policy moves and examples from Bhutan and El Salvador.
The Proposal
Riksdag members Dennis Dioukarev and David Perez submitted a motion to examine establishing a state Bitcoin reserve, including which authority would manage it. They also seek confirmation Sweden won’t alter legal tender rules or introduce a CBDC.
Rationale
Framed as “digital gold,” Bitcoin could diversify national reserves, hedge inflation, and reduce correlation to traditional assets, the MPs argue. They note international momentum — from U.S. federal and state moves to other countries’ holdings — as a catalyst.
Caveats & Critics
Analysts and institutions acknowledge BTC’s rising liquidity but highlight volatility and fraud risk. U.S. critics also warn that politicized reserves could heighten market instability. The Swedish motion requests a formal study before any commitment.
What’s Next
If adopted, Sweden would join a growing list of nations reassessing reserve composition amid inflation, geopolitical risk, and digitization — with Bitcoin considered alongside gold, FX, and (for some) tokenized assets.
