Japanese lawmakers propose establishing a national Bitcoin reserve

ChainCatcher news, according to Decrypt, Japanese Senator Satoshi Hamada officially submitted a proposal to the National Diet on December 11 to discuss the establishment of a national Bitcoin reserve. This suggestion echoes the global trend of promoting the establishment of Bitcoin reserves, including similar proposals from Russia, Brazil, Poland, and the United States.

As the price of Bitcoin broke its historical high this month, reaching $103,000, discussions on establishing national Bitcoin reserves have gained support in several countries. Senator Hamada believes that Bitcoin reserves can help address global economic challenges and protect national assets.