PANews December 30 news, according to Cryptonews reports, both the Japanese and Russian governments currently rule out plans to establish national Bitcoin reserves, stating that they will observe the developments of other countries (such as the United States) before making a decision. Japanese Prime Minister Shigeru Ishiba responded to a proposal from lawmakers, stating that current Japanese laws do not allow the holding of crypto assets, and the high volatility of Bitcoin is incompatible with the existing foreign exchange reserve system; Russian Finance Minister Anton Siluanov stated that despite the rapid increase in Bitcoin prices, its unpredictability makes the country unwilling to take on related risks, and both countries have adopted a cautious attitude. Meanwhile, countries like the United States and Brazil are actively exploring the possibility of Bitcoin as a national reserve asset.
