PANews reported on October 2 that according to Decrypt, two members of Sweden's second largest party, the Sweden Democrats, submitted a motion to the parliament on October 1, urging the government to study whether Sweden should establish a national Bitcoin reserve.

The motion describes Bitcoin as “digital gold,” arguing that it could serve as a supplement to gold and foreign exchange reserves to diversify state holdings and provide inflation protection. The motion states that establishing a strategic Bitcoin reserve would allow “Sweden to prepare for potentially disruptive shifts in global financial infrastructure.”

Furthermore, the motion proposes that the government confirm that it does not intend to change the definition of legal tender or introduce a central bank digital currency (CBDC).