Swedish MP Suggests Bitcoin for National Reserves

Sweden to create its Bitcoin reserve

News is coming that Sweden is considering adding Bitcoin to its foreign reserves very soon. Their lawmaker Rickard Nordin said that Bitcoin has gold like currency properties. He added Bitcoin is widely used and is an effective way to combat inflation, just like Gold.  Rickard added that Sweden could accumulate strategic reserves by holding Bitcoin […] The post Sweden to create its Bitcoin reserve appeared first on CryptoCoinDaddy.

Swedish MP Suggests Bitcoin for National Reserves

A member of the Swedish Parliament, Rickard Nordin, has formally proposed that Sweden consider incorporating Bitcoin into its national foreign exchange reserves. On April 8th, Nordin submitted his official proposal to Finance Minister Elisabeth Svantesson, urging her to evaluate the inclusion of the leading cryptocurrency as a component of Sweden’s national reserves. Proposal to Finance Minister In his letter, Nordin stated Sweden’s established …