{"id":22970,"date":"2025-04-11T19:31:25","date_gmt":"2025-04-11T16:31:25","guid":{"rendered":"https:\/\/forklog.com\/en\/swedish-finance-minister-urged-to-consider-bitcoin-reserve\/"},"modified":"2025-04-11T19:31:25","modified_gmt":"2025-04-11T16:31:25","slug":"swedish-finance-minister-urged-to-consider-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/swedish-finance-minister-urged-to-consider-bitcoin-reserve\/","title":{"rendered":"Swedish Finance Minister Urged to Consider Bitcoin Reserve"},"content":{"rendered":"<p>Swedish MP Rickard Nordin <a href=\"https:\/\/www.riksdagen.se\/sv\/dokument-och-lagar\/dokument\/skriftlig-fraga\/inkludering-av-bitcoin-i-valutareserven_hc11997\/\">published<\/a> an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin as a national reserve asset.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Sweden has a tradition of a conservative and well-managed currency reserve, consisting mainly of foreign currencies and gold. At the same time, there is rapid development in digital assets, and several international players view Bitcoin as a means of savings and a hedge against inflation,&#8221; Nordin noted.<\/p>\n<\/blockquote>\n<p>In his view, the first cryptocurrency is &#8220;an important way for freedom fighters to conduct transactions under the oppression of authoritarian regimes.&#8221;<\/p>\n<p>The MP also emphasized that Bitcoin&#8217;s monetary properties are comparable to gold, especially during times of increasing geopolitical and economic uncertainty.<\/p>\n<p>As a method of accumulating digital assets, Nordin suggested the government refrain from selling coins confiscated by the police and customs:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This is how the US accumulated a significant amount without allocating budget funds or purchasing the cryptocurrency itself.&#8221;<\/p>\n<\/blockquote>\n<p>In March, US President Donald Trump <a href=\"https:\/\/forklog.com\/en\/news\/trump-establishes-u-s-strategic-bitcoin-reserve\">signed an order<\/a> establishing a strategic Bitcoin reserve.<\/p>\n<p>However, Congress <a href=\"https:\/\/forklog.com\/en\/news\/congress-urges-halt-to-bitcoin-reserve-plan\">called to halt<\/a> the initiative. Shortly before, a bill emerged that <a href=\"https:\/\/forklog.com\/en\/news\/us-lawmakers-to-introduce-bill-safeguarding-bitcoin-reserve\">would protect Trump&#8217;s plan from cancellation<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swedish MP Rickard Nordin published an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin as a national reserve asset. &#8220;Sweden has a tradition of a conservative and well-managed currency reserve, consisting mainly of foreign currencies and gold. At the same time, there is rapid development in digital assets, and several international players [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,1507],"class_list":["post-22970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-sweden"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22970"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22969"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}