The acceptance of Bitcoin (BTC) is growing between countries, in which 32 countries actively pursue exposure through legislation, which represent approximately one in six countries worldwide, according to a Bitcoin Policy Institute Report Published on September 22.
The study documents a rapid acceleration of government adoption after the elections of President Donald Trump and the subsequent executive order for an American strategic Bitcoin reserve.
The report identified active Bitcoin exposure in 27 countries, while 13 have proposed legislation to get such an exposure.
The figures reflect overlapping categories, because some countries simultaneously pursue multiple approaches. Argentina exploits mining supported by the government with the help of a wide -spreading gas and proposes legislation for a strategic reserve.
The United Arab Emirates (VAE) have three active exposure methods to use: the government supported by the government, sovereign power funds investments in Bitcoin ETFs and acceptance of tax payments.
Strategic Bitcoin Reserve is the go-to strategy
Strategic Bitcoin reserves (SBR) represent the most common approach, in which 16 countries have proposed or established such a policy.
The executive order of Trump has drawn up the federal policy to seize Bitcoin companies taken instead of seizing Bitcoin companies, referring to $ 17 billion in potential profit that would have been missed from previous liquidations.
Arizona, New Hampshire and Texas have codified reserves at state level in the Act, with dozens of states that consider similar measures.
In addition to the idea of an SBR arranged by the government, Bitcoin-Mijnbouw supported as the second most common method, whereby 14 countries are active or proposing activities.
Exploring by the government
Ten countries are currently recovering through schemes for electricity facilities that generate Bitcoin accumulation profit sharing. Argentina, Bhutan, El Salvador, Ethiopia, Iran, Noord -Korea, Oman, Russia, the VAE and Venezuela maintain or previously operated government programs.
Seven countries hold Bitcoin through passive companies, consisting of seized cryptocurrency that have chosen governments not to sell. Bulgaria, China, Finland, Georgia, India, the United Kingdom and Venezuela maintain such companies, with Finland specifically retaining coins pending judgments from the court.
Four countries accept tax payments in Bitcoin in various areas of law. Panama City, the Swiss cantons, Dubai and Colorado State allow Bitcoin tax payments, with Vancouver, Canada, which proposes similar legislation.
Government pension funds and sovereign power funds offer extra exposure roads. Michigan’s state pension fund has invested directly in Bitcoin, while 17 other state pension funds retained indirect exposure by strategy holdings.
Internationally, the Japanese Government Pension Fund is investigating direct investments and has considerable strategic allocations.
‘Game-theoretical race’
The report positioned Bitcoin’s adoption as a “game theoretical race” among countries that are alternatives looking for traditional reserve baths. Countries consider Bitcoin as a supplement to Gold reserves and offer benefits of digital portability compared to physical assets.
The authors claim that Bitcoin offers sanction-resistant property and enables direct international payments without dollar brokerage.
Adoption Momentum has been considerably accelerated since the Trump elections, with exposure events that peaks from sporadic before 2020 activity to more than 50 events at the beginning of 2025.
The report concluded that great powers in continents are now coming into contact with Bitcoin as a macro -economically active, making a reversal unlikely.
