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Swedish MP proposes Bitcoin reserve to finance minister

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A Swedish parliament member has proposed Bitcoin for national reserves, mirroring US strategies and signaling increased European openness toward digital assets.
In a recent development in Sweden, a member of parliament, Joar Forssell, proposed the idea of establishing a Bitcoin reserve to the country's Finance Minister, Elisabeth Svantesson. This suggestion comes in the wake of the U.S. approving spot Bitcoin exchange-traded funds (ETFs), prompting Forssell to argue that Sweden should consider similar financial innovations to stay competitive. He emphasized the potential of Bitcoin to enhance Sweden's financial position and suggested that the country should not lag behind in adopting new financial technologies. Forssell's proposal reflects a growing interest in cryptocurrencies among policymakers and highlights the ongoing debate about the role of digital assets in national financial strategies.

Read the Full CoinTelegraph Article at:
[ https://cointelegraph.com/news/swedish-mp-bitcoin-reserve-finance-minister ]