Japan is facing calls to explore the feasibility of establishing a Strategic Bitcoin Reserve (SBR), following global interest sparked by Donald Trump's election victory in the U.S. Japanese lawmaker Satoshi Yamada submitted a formal question to the government, emphasizing the need to analyze global Bitcoin reserve initiatives and their potential benefits for Japan's financial markets and economic position. Yamada also raised the possibility of converting part of Japan's foreign exchange reserves into cryptocurrencies like Bitcoin. This proposal comes as several U.S. states, including Pennsylvania and Texas, introduce legislation to build strategic Bitcoin reserves. Additionally, Yamada expressed interest in the newly established U.S. Department of Government Efficiency (D.O.G.E.), suggesting Japan could draw inspiration from this initiative to foster economic growth and improve government efficiency. #Japan #Bitcoin #SBR #Crypto #GovernmentEfficiency #DonaldTrump
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