According to PANews, the governments of Japan and Russia have ruled out plans to establish national Bitcoin reserves, saying they will wait and see how other countries develop before making a decision.
Japanese Prime Minister Shigeru Ishiba said that Japanese law does 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 Siluanov said that Bitcoin prices are growing rapidly, but its unpredictability makes the country unwilling to take related risks.
Meanwhile, countries such as the United States and Brazil are actively exploring the possibility of Bitcoin as a national reserve asset.
