A Japanese lawmaker is pushing his government to consider launching a national Bitcoin reserve, as calls to stockpile the cryptocurrency gain traction across the world.

A formal request to discuss the would-be Bitcoin reserve was submitted on December 11 to the National Diet, according to the Japanese legislature’s website. National Diet member Satoshi Hamada put forth the proposal; he shares a given name with Bitcoin’s pseudonymous creator (or creators), Satoshi Nakamoto.

The push to kick-start discussions around creating a national Bitcoin reserve in Japan follows similar calls to action by lawmakers in Russia, Brazil, Poland and the U.S. The issue has gained supporters in several corners of the world following Bitcoin’s ascent to a new all-time high price above $103,000 earlier this month.

The Nat

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Author: Liz Napolitano