Japanese Lawmakers Call for Bitcoin Reserves, DOGE Policy

Japan is the latest country to face calls to explore the feasibility of creating a strategic Bitcoin reserve (SBR).

The proposals come as global interest in Bitcoin reserves grows, especially after Donald Trump’s election victory in the United States.

Japan Called to Explore Bitcoin Reserves and DOGE Potential

On December 11, Japanese lawmaker Satoshi Yamada submitted a formal question to the Japanese government, stressing the need to analyze global initiatives focused on Bitcoin reserves. He highlighted how adopting such an initiative could boost Japan’s financial markets and strengthen its economic position.

Yamada also raised the possibility of converting a portion of Japan’s foreign exchange reserves into digital currencies like Bitcoin and asked for the government’s position on the matter.