Swedish Lawmaker Champions Bitcoin Reserve For Strategic Edge
As the global interest in Bitcoin (BTC) continues to rise, a Swedish lawmaker is advocating for the establishment of a national Bitcoin reserve, mirroring initiatives taken by the United States under President Donald Trump. Sweden Eyes Strategic Bitcoin Reserve Dennis Dioukarev, a Member of the Riksdag representing the Sweden Democrats, has formally approached Finance Minister […]
Related News
Amid the global efforts to adopt crypto, members of the Riksdag, the Swedish Parliament, are urging the country’s finance minister, Elisabeth Svantesson, to evaluate a Bitcoin (BTC) Reserve for Sweden’s holdings. Related Reading: SEC Delays Decision On Staking For Grayscale’s Ethereum ETFs Swedish Lawmaker Proposes Bitcoin Reserve On Monday, Member of the Swedish Parliament and […]
A Democrat lawmaker has opposed US President Donald Trump’s plan to increase the government’s Bitcoin holdings by creating a strategic reserve. House Rep. Gerald E. Connolly of Virginia urged the US Department of the Treasury to halt the proposed Bitcoin reserve, suggesting that Trump has a conflict of interest in pushing for it. Lawmaker: Stop […]
Filipino lawmaker Representative Migz Villafuerte has introduced House Bill 421, which seeks to establish a strategic Bitcoin (BTC) reserve for the Philippines. The bill tasks the Bangko Sentral ng Pilipinas (BSP) with acquiring 10,000 BTC over the next five years. Philippines Politician Floats Strategic Bitcoin Reserve Bill Under the proposal, the BSP would be responsible […]
The US’s Strategic Bitcoin Reserve may be coming this year, says Galaxy head of firmwide research, Alex Thorn. His statement comes in spite of the public sentiment and the fact that, while Trump signed the executive order establishing the Strategic Bitcoin Reserve in March, the administration didn’t confirm a formalized implementation plan yet. Despite that, […]
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP). $ADA surged 43% in response to the news. Other reserve cryptos saw more moderate increases: $XRP grew by 14%, $SOL by 12%, $BTC […]