Bitcoin is becoming an important asset in geopolitics, as many countries compete to build national reserves, which could reshape their financial sovereignty. 🌍
- Japan remains cautious about incorporating Bitcoin into national reserves due to concerns about security, liquidity, and volatility. The Japanese government asserts that cryptocurrency assets like Bitcoin do not fall under the legal framework of foreign exchange reserves.
- Meanwhile, the US and Russia are considering Bitcoin as part of their strategic reserves. President-elect Donald Trump and Republican lawmakers support this idea, with the US holding 207,189 BTC.
- Russia is also considering Bitcoin as a stable alternative to traditional currencies that are prone to volatility.