The Trump administration proposed the establishment of a Bitcoin reserve plan, attracting global attention. Recently, Japanese Senator Hamada Satoshi called for emulation of this initiative, but Prime Minister Ishiba Shigeru responded that there is insufficient information to understand the actions of the United States and other countries, making it currently difficult to express a position. (Background: Michael Saylor: Trump really wants to establish a Bitcoin reserve! Has met with the new government team multiple times) (Additional background: Forbes' 2025 bold prediction: G7 or BRICS countries may establish Bitcoin reserves, significant growth in BTCFi, stablecoin market value may double...) As the Trump administration proposed a plan to establish a U.S. Bitcoin reserve, global attention was drawn, and various countries began to discuss related issues. The well-known American business magazine (Forbes) boldly predicted that by 2025, the G7 or BRICS countries might establish Bitcoin reserves, potentially sparking a global Bitcoin reserve race, aligning Bitcoin's status with assets such as gold, foreign exchange reserves, and sovereign bonds. Ishiba Shigeru: Insufficient information to consider including Bitcoin in reserves Recently, the topic of Bitcoin reserves has also spread to Japan. On the 11th, Japanese NHK representative and member of the Liberal Democratic Party, Hamada Satoshi, raised the issue of "the U.S. and other countries introducing a Bitcoin reserve movement" in the House of Councillors, stating: "I believe Japan should follow the U.S. and consider transferring part of its foreign exchange reserves into Bitcoin and other crypto assets." In response, Prime Minister Ishiba Shigeru stated in writing on the 20th that there is currently limited understanding of the trends regarding the U.S. and other countries promoting Bitcoin reserves, and added: "Given the current situation, it is difficult for the government to express a position." The primary goal is security and liquidity Ishiba further explained in the official response that, according to the legal framework governing special accounting practices, "crypto assets are not considered part of foreign exchange." He emphasized that the current management focus of foreign exchange reserves is on maintaining the stability of foreign currency-denominated assets and foreign currency bond markets, while ensuring the safety and liquidity of reserves, which is the primary task of special accounting practices. Therefore, the Japanese government's position indicates that they believe crypto assets such as Bitcoin cannot meet the requirements of the current foreign exchange management system due to their high volatility, and they remain cautious about including Bitcoin in foreign exchange reserves. The U.S. and many states plan to establish Bitcoin reserves In the U.S., Trump has pledged to establish a national Bitcoin reserve after taking office, but Federal Reserve Chairman Powell clearly stated at a news conference after the FOMC meeting on the 19th: "We are not allowed to hold Bitcoin." Regarding the legal issues of holding Bitcoin, he added: "This is something for Congress to consider; we have no intention of seeking to change the law." This statement dampened market expectations for the establishment of a Bitcoin reserve in the U.S. However, MicroStrategy co-founder and executive chairman Michael Saylor stated that Trump is serious about promoting a national Bitcoin reserve, and the final outcome remains to be observed based on Trump's future policy direction. Meanwhile, Republican state representatives Mike Cabell and Aaron Kaufer from Pennsylvania proposed allowing the state to use up to 10% of its funds to purchase Bitcoin, with investment amounts reaching billions of dollars, aimed at protecting the state from inflation impacts and enhancing its leadership in financial innovation. Dennis Porter, co-founder of the Bitcoin advocacy organization "Satoshi Action Fund," revealed that the organization is in discussions with ten other states in the U.S. to promote plans to establish Bitcoin reserves. Extended reading: Pennsylvania proposes "Bitcoin Strategic Reserve" bill: expected to invest billions of dollars to stockpile BTC Related reports Pennsylvania proposes "Bitcoin Strategic Reserve" bill: expected to invest billions of dollars to stockpile BTC Bitcoin drops to $100,000, Ethereum falls below $3650, Powell: The Federal Reserve is not allowed to hold Bitcoin Wall Street research report: "Trump trade" evolves in three stages, with the first wave of post-election market already concluding "Will Japan establish a Bitcoin reserve? Prime Minister Ishiba Shigeru: Currently lacking sufficient information, security and liquidity are the primary considerations" This article was first published in BlockTempo (the most influential blockchain news media).

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