A Japanese lawmaker has asked the government to create a national Bitcoin reserve, echoing recent calls from MPs in countries like Argentina and Russia. According to the media outlet CoinPost and the official House of Councillors record, the request was made by Satoshi Hamada, a member of the Party to Protect the People from NHK. ### A National Bitcoin Reserve for Japan? Hamada submitted a formal written question to the government regarding the creation of a reserve fund for crypto assets. In his question, Hamada noted that similar initiatives are already underway in countries like Brazil and the United States, where government officials are considering holding Bitcoin (BTC) as a "strategic reserve asset." Hamada further requested that Japan consider converting part of its foreign exchange reserves into virtual currencies like Bitcoin. He also mentioned that the incoming Trump administration in the United States will appoint a crypto "czar" and that similar movements are occurring in Brazil as well. Hamada suggested that BTC could soon become a "national strategic asset." ### Decentralized Solution Hamada also pointed out that Bitcoin is "less susceptible to the influence of specific countries or institutions." He emphasized that Bitcoin's "neutrality and decentralized nature" allow it to support economic activity without relying on any specific currency. The government is expected to provide Hamada with a written response in the coming weeks, which will likely be published on its official website. ### Lawmakers Share Sentiment? Hamada represents a small political party with only two seats in parliament. However, it is highly likely that other MPs share Hamada's views. Japan's restrictive regulations have led to a shrinking crypto market, but many influential lawmakers still aim to make the nation a global blockchain hub. They have urged the government to reform crypto tax laws to prevent promising crypto startups from moving abroad. Meanwhile, many businesses in Japan are increasingly adopting Bitcoin, with some companies adding BTC and altcoins to their balance sheets. Although several regulatory bodies are ready to make necessary reforms, the new Prime Minister has expressed a more cautious stance on crypto regulation reform. **Image Alt Text:** Japanese Lawmaker Satoshi Hamada.