Under the global Bitcoin reserve boom, Japan seems to maintain a cautious attitude

On the global geopolitical stage, Bitcoin is rapidly rising as a key asset. However, despite the increasing momentum for Bitcoin worldwide, Japan seems to be hesitating whether to join this trend.

Japanese Prime Minister Shigeru Ishiba recently stated that due to a lack of international strategic information, his stance on Bitcoin reserves is still not very clear. The Japanese government also clarified in an official response on December 20 that cryptocurrencies such as Bitcoin do not fall under the legal framework of foreign exchange reserves.

Japan's cautious attitude stems from concerns about security, liquidity, and volatility. The Japanese government stated that these reserves are primarily intended to stabilize foreign currency-denominated assets and bond markets, while Bitcoin's high volatility runs counter to that goal.

NHK National Protection Party member Satoshi Hamada once suggested that Japan follow the U.S. example and convert part of its foreign exchange reserves into cryptocurrencies such as Bitcoin, but the government reiterated that the priority of special account operations managing foreign exchange reserves is to ensure security and liquidity.

Although the Japanese government itself does not directly hold Bitcoin, the country's Government Pension Investment Fund (GPIF), one of the largest retirement savings funds in the world, with assets under management exceeding $1.5 trillion, is currently exploring the inclusion of Bitcoin in its investment portfolio for diversification.

Moreover, both the United States and Russia have been active in building Bitcoin reserves. The U.S. already holds a significant amount of Bitcoin reserves, totaling 207,189 BTC, valued at approximately $2 billion, primarily obtained through criminal seizures.

Russian lawmakers have also proposed establishing strategic Bitcoin reserves, emphasizing that Bitcoin has the potential to become a stable alternative to traditional high-volatility currencies, which may be even more significant for countries facing sanctions.

In summary, this is an era full of uncertainties but also full of opportunities. Whether Japan continues to observe or joins this global Bitcoin reserve competition is worthy of public attention.

At the same time, I recently noticed a pretty good meme about the primary market. The community is self-governing and always getting things done, worth keeping an eye on!$BNB $SOL $BTC #加密市场调整 #美国加密立法或将重启 #BTC上攻11万？ #2025有哪些关键叙事？