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Momentum is building globally for Bitcoin reserves, with support from policymakers in countries like Poland, Switzerland, South Africa, Hong Kong, Japan, and Venezuela. While some leaders advocate for adoption, skepticism remains, particularly in Japan where Prime Minister Shigeru Ishiba has rejected the idea due to a lack of understanding. In Switzerland, a proposal to mandate the Swiss National Bank to hold Bitcoin is underway, requiring 100,000 signatures by mid-2026.
Czech National Bank Governor Aleš Michl is contemplating the inclusion of Bitcoin in the bank's foreign exchange reserves, although current strategies prioritize gold for low inflation and financial stability. While he finds Bitcoin intriguing, he emphasizes the need for further discussion among board members before any potential acquisition. The bank plans to double its gold reserves to 100 tons and has recently seen legislative support for a more favorable crypto investment environment, including a capital gains tax exemption for long-held crypto assets.
Japan is taking a cautious approach to Bitcoin adoption, with Prime Minister Shigeru Ishiba highlighting concerns over its volatility and lack of legal framework for foreign exchange reserves. In contrast, Thailand is advancing a Bitcoin pilot project in Phuket, aiming to enhance its economy and attract tech-savvy tourists, supported by industry leaders like Binance.
Several countries are exploring the establishment of national Bitcoin reserves, reflecting a growing trend in cryptocurrency adoption. In Japan, lawmaker Satoshi Hamada has proposed a discussion on a Bitcoin reserve, while Texas and Pennsylvania are considering similar initiatives. Brazil's government aims to allocate 5% of its international reserves to Bitcoin, and Poland's presidential candidate Sławomir Mentzen advocates for a strategic reserve and crypto-friendly regulations. Russia is also revisiting the idea of a national Bitcoin reserve amid recent legislative changes supporting digital assets.
Japanese MP Satoshi Hamada has called for the establishment of a Strategic Bitcoin Reserve, aligning Japan with global trends as countries like the US and Texas explore similar initiatives. This move reflects a growing institutional interest in Bitcoin as a strategic reserve asset, particularly amid rising inflation concerns. Meanwhile, Bitcoin has recently surpassed $100,000, with analysts predicting a potential market peak in October 2025, supported by strong demand levels.
A Japanese lawmaker, Satoshi Hamada, has proposed establishing a national Bitcoin reserve, advocating for the conversion of part of Japan's foreign currency reserves into Bitcoin to leverage its decentralized nature as a strategic asset. This initiative aligns with global trends, as countries like Brazil and the U.S. explore similar strategies to enhance financial stability and innovation in blockchain technology. Japan's potential adoption of Bitcoin could position it as a leader in the crypto space, fostering creativity and reducing regulatory barriers for non-exchange crypto intermediaries.
Japanese lawmaker Satoshi Hamada has urged the government to consider integrating Bitcoin into its foreign exchange reserves, highlighting its potential as a strategic asset amid rising global interest in cryptocurrencies. His proposal comes as Bitcoin surpasses $100,000, reflecting its growing acceptance and value, and aligns with similar discussions in the US and Brazil regarding the use of Bitcoin as a hedge against economic risks. Advocates believe that adopting a Bitcoin reserve could enhance Japan's financial flexibility and assert its leadership in the digital asset space.
A Japanese lawmaker, Satoshi Hamada, has proposed the creation of a national Bitcoin reserve, submitting a formal request to the National Diet. This initiative follows similar proposals from lawmakers in countries like Russia, Brazil, and the U.S., amid Bitcoin's recent surge to over $103,000. While Hamada's party holds limited seats, support from influential figures like Yuichiro Tamaki may bolster the proposal's chances.
Bitcoin (BTC) experienced a volatile week, reaching an intraday high of $102,500 before settling at $99,750 amid selling pressure. Meanwhile, Ethereum (ETH) is on the verge of surpassing $4,000, with analysts predicting it could exceed $5,000 by 2025. In regulatory news, a Japanese lawmaker has proposed creating a national Bitcoin reserve, echoing similar initiatives in other countries.
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global momentum builds for bitcoin reserves amid mixed political responses
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