Sweden Eyes Turning Confiscated Bitcoin into National Strategy

Sweden is considering a radical new use for seized cryptocurrency: building a national treasury. A new parliamentary proposal urges the government to study the creation of a strategic Bitcoin reserve, transforming assets taken from criminals into a strategic national holding.

Politicians Dennis Dioukarev and David Perez argue that with the US and others moving first, Sweden must “participate in this digital arms race.” The proposal dovetails with a recent law empowering Sweden to confiscate crypto, providing a potential seed fund for the ambitious plan.

By simultaneously seeking to outlaw a central bank digital currency, the MPs envision a future where Sweden’s financial strength is built not on a state-issued digital money, but on a decentralized, global asset like Bitcoin.