{"id":50808,"date":"2025-10-02T18:01:31","date_gmt":"2025-10-02T18:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50808"},"modified":"2025-10-02T18:01:31","modified_gmt":"2025-10-02T18:01:31","slug":"bitcoin-as-the-new-battleground-sweden-signals-interest-in-joining-the-race","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50808","title":{"rendered":"Bitcoin As The New Battleground\u2014Sweden Signals Interest In Joining The Race"},"content":{"rendered":"
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Two members of Sweden\u2019s Riksdag have proposed that the state investigate creating a strategic Bitcoin<\/a> reserve and make clear it will not change the law that defines the central bank\u2019s monetary policy. The idea is framed as a way to guard against inflation and to give the country another kind of store of value.<\/p>\n

Sweden\u2019s Political Push<\/h2>\n

Reports<\/a> have disclosed that the proposal comes from Swedish Democrats MPs Dennis Dioukarev and David Perez, who argued Sweden should \u201cparticipate in this digital arms race.\u201d<\/p>\n

According to their filing, one possible source of funding could be seized Bitcoin, though who would manage any holdings remains undecided.<\/p>\n

The Swedish Democrats won more than 20% of the vote in the 2022 election and now play a key role supporting the current coalition, giving their proposals weight in the capital.<\/p>\n

\n

Sweden\u2019s Parliament acts on #Bitcoin<\/a>! \"\ud83c\uddf8\ud83c\uddea\"<\/p>\n

After JAN3\u2019s presentation at the Swedish Parliament, MPs @DennisDioukarev<\/a> and David Perez submitted a motion to establish a Strategic Bitcoin Reserve and, crucially, to formally declare that Sweden will not introduce a CBDC. pic.twitter.com\/T8mVFxlGki<\/a><\/p>\n

\u2014 JAN3 (@JAN3com) October 1, 2025<\/a><\/p>\n<\/blockquote>\n

A Growing Local Crypto Scene<\/h2>\n

Sweden already hosts a modest crypto industry. Reports show 85 companies operate in the sector there, and 20 of those firms have together raised $48 million in venture and private funding.<\/p>\n

Crypto ATMs run in the country. Exchanges are regulated and subject to Anti-Money-Laundering and Know-Your-Customer rules enforced by the Swedish Financial Supervisory Authority.<\/p>\n

A law passed in November 2024 now allows authorities to seize luxury items, including crypto, even when the owner is not the target of the original probe.<\/p>\n

Arguments For A Reserve<\/p>\n

Dioukarev and Perez say a Bitcoin holding<\/a> would sit alongside currency and gold reserves and help diversify state assets. They point to Bitcoin\u2019s 21 million supply cap and argue that this hard limit could act as a hedge against inflation.<\/p>\n

<\/p>\n

According to their proposal, Bitcoin is \u201ccurrently the world\u2019s sixth-largest asset,\u201d larger than some global companies they named, and offers lower correlation with traditional reserves that can be affected by political or economic policy.<\/p>\n

They also described transaction costs as \u201cnegligible\u201d and suggested transfers can be quicker than some fiat transactions.<\/p>\n

\"\"<\/p>\n

Funding And Political Context<\/p>\n

Other Swedish politicians have raised the issue before. Reports note that Rickard Nordin, deputy leader of the Centre Party, recently urged the finance minister to consider Bitcoin.<\/p>\n

The new proposal asks the government to guarantee it will not alter the Riksbank Act<\/a> to permit a central bank digital currency. That pledge is intended as a signal that Stockholm does not plan to move toward a CBDC.<\/p>\n

Featured image from Meta, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Two members of Sweden\u2019s Riksdag have proposed that the state investigate creating a strategic Bitcoin reserve and make clear it will not change the law that defines the central bank\u2019s monetary policy. The idea is framed as a way to guard against inflation and to give the country another kind of store of value. Sweden\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50808","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50808"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50808\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}