Swedish Democrats Propose Exploring a Strategic Bitcoin Reserve and Seek Assurance Sweden Will Not Adopt a CBDC

Sweden Bitcoin reserve: Two Swedish Democrats have proposed the government study establishing a strategic Bitcoin reserve to hedge inflation and diversify national holdings, proposing seized crypto as one funding option while insisting the Riksbank’s monetary mandate remain unchanged to rule out a ￰0￱ point 1 – Proposal to study a national Bitcoin reserve and funding via seized crypto Key point 2 – MPs request the government reaffirm the Riksbank Act to signal no CBDC intent Key point 3 – Sweden has 85 crypto firms (Tracxn), and new confiscation rules allow seizure of crypto (Bitbo reference) Sweden Bitcoin reserve: Swedish MPs urge a study into a national Bitcoin reserve to hedge inflation and diversify assets; funding options, CBDC stance and policy impact ￰1￱ proposal has come from two Swedish Democrats, a party that is a key player in backing the Swedish ruling coalition and its minority ￰2￱ members of Sweden’s parliament, the Riksdag, have proposed that the country investigate establishing a strategic Bitcoin reserve to tackle inflation and diversify its ￰3￱ also want the government to promise it won’t change the legislation governing the monetary policy of Sweden’s central bank, to show it doesn’t intend to introduce a digital central bank ￰4￱ their proposal to the Riksdag on Wednesday, Swedish Democrats Dennis Dioukarev and David Perez said that, given other countries like the US are already in the process of creating a reserve, Sweden should “participate in this digital arms race and join the growing group of nations that accepted and recognized the potential of Bitcoin.” Similar to the US, Dioukarev and Perez have floated the idea of funding the reserve through seized Bitcoin, but said the decision on which authority will manage the Bitcoin (BTC) is an “open question,” for ￰5￱ doesn’t have any publicly listed Bitcoin holdings, according to Bitbo.

However, in November 2024 the country introduced a law allowing authorities to confiscate luxury items, including crypto, even if they aren’t the target of an investigation.) permit authorities to seize crypto and luxury goods, providing a legal avenue for funding without new ￰6￱ context: Tracxn lists 85 Swedish crypto firms, 20 of which raised roughly $48 million in venture capital and private funding. Bitcoin’s fixed 21 million supply and relative asset size (ranked among the top global assets) are cited as practical reasons for its reserve ￰7￱ Democrats Dennis Dioukarev and David Perez want the government to establish a Bitcoin reserve.). The Riksbank’s prior CBDC pilot (final report March 2024) concluded the decision is ultimately ￰8￱ Rights Foundation data (CBDC tracker) highlights efficiency and inclusion benefits of CBDCs but warns of privacy and state-control risks—arguments cited by the MPs in advocating a non-CBDC ￰9￱ the top five crypto companies operating in Sweden are an exchange and a cold wallet developer.).

Can seized crypto legally fund a national reserve? Yes, under November 2024 confiscation rules Sweden can seize ￰10￱ seized assets to fund a reserve would require legislative clarity on valuation, legal title transfer and custodial arrangements to meet international accounting ￰11￱ impact would a reserve have on Sweden’s monetary policy? A Bitcoin reserve would be a balance-sheet diversification rather than a monetary policy tool; the Riksbank would retain control over monetary policy if the Riksbank Act remains unchanged, as the MPs ￰12￱ Takeaways Policy proposal : Two Swedish Democrats propose studying a national Bitcoin reserve to hedge inflation and diversify ￰13￱ options : Seized crypto is suggested as a funding source under new confiscation rules (Nov 2024).

CBDC clarity : MPs want a government promise not to change the Riksbank Act to signal no CBDC ￰14￱ The Sweden Bitcoin reserve proposal signals growing national-level interest in crypto as a strategic reserve ￰15￱ legal avenues for seized crypto and a vocal political actor supporting the idea, Sweden’s discussion may shape broader European debates on reserve diversification and CBDC ￰16￱ parliamentary reviews and official responses for next steps. , "description": "Sweden Bitcoin reserve: Two Swedish Democrats propose the government study creating a state Bitcoin reserve to diversify holdings and counter inflation."