Sat 18 Jan 2025 ▪
6 min read
▪
by
Luc Jose A.
Long regarded as a speculative asset, Bitcoin is gradually establishing itself as a strategic element in the management of national reserves. In the face of evolving financial markets and geopolitical tensions, several governments and central banks are considering its integration into their foreign exchange reserves. In the United States, a bill proposes the gradual acquisition of 1 million BTC over five years. In the Czech Republic, the governor of the central bank is exploring the possibility of diversification into crypto. Similarly, in Russia, policymakers are advocating for a strategic reserve in Bitcoin, while in Brazil, a project foresees an allocation of 5% of sovereign reserves to this asset. This movement represents a notable shift in the institutional perception of Bitcoin, which now transcends the framework of private diversification to become an economic and geopolitical issue. While El Salvador has already taken the leap, other countries are proceeding cautiously, hindered by the volatility of cryptocurrencies and regulatory uncertainties. Between experimentation and resistance, a new financial dynamic is emerging, suggesting a potential shift in balance within the global monetary system.