Bitcoin (BTC) adoption is increasing among countries, with 32 nations actively pursuing vulnerability done legislation, representing astir 1 successful six nations worldwide, according to a Bitcoin Policy Institute study published Sept. 22.
The survey documents a accelerated acceleration successful authorities adoption pursuing President Donald Trump’s predetermination and subsequent enforcement order establishing a US Strategic Bitcoin Reserve.
The study identified progressive Bitcoin vulnerability successful 27 countries, portion 13 person projected authorities to summation specified exposure.
The numbers bespeak overlapping categories, arsenic immoderate nations prosecute aggregate approaches simultaneously. Argentina operates government-backed mining utilizing flared state portion proposing authorities for a strategical reserve.
The United Arab Emirates (UAE) employs 3 progressive vulnerability methods: government-backed mining, sovereign wealthiness money investments successful Bitcoin ETFs, and taxation outgo acceptance.
Strategic Bitcoin Reserve is the go-to strategy
Strategic Bitcoin Reserves (SBR) correspond the astir communal approach, with 16 countries having projected oregon enacted specified policies.
Trump’s enforcement bid established national argumentation of retaining alternatively than selling seized Bitcoin holdings, citing $17 cardinal successful imaginable gains that would person been missed from erstwhile liquidations.
Arizona, New Hampshire, and Texas person codified state-level reserves into law, with dozens much states considering akin measures.

Besides the thought of an SBR, government-backed Bitcoin mining ranks arsenic the 2nd astir prevalent method, with 14 countries actively oregon proposing specified operations.
Government-backed exploration
Ten nations presently excavation done energy proviso arrangements that make profit-sharing Bitcoin accumulation. Argentina, Bhutan, El Salvador, Ethiopia, Iran, North Korea, Oman, Russia, the UAE, and Venezuela each support oregon antecedently operated authorities mining programs.
Seven countries clasp Bitcoin done passive holdings, comprising seized cryptocurrency that governments person chosen not to sell. Bulgaria, China, Finland, Georgia, India, the United Kingdom, and Venezuela support specified holdings, with Finland specifically retaining coins pending tribunal rulings.
Four countries judge taxation payments successful Bitcoin crossed assorted jurisdictions. Panama City, the Swiss cantons, Dubai, and Colorado authorities let Bitcoin taxation payments, with Vancouver, Canada, proposing akin legislation.
Government pension funds and sovereign wealthiness funds supply further vulnerability avenues. Michigan’s authorities pension money invested straight successful Bitcoin, portion 17 different authorities pension funds support indirect vulnerability done Strategy holdings.
Internationally, Japan’s authorities pension money is exploring nonstop investment, and South Korea’s money holds important Strategic allocations.
‘Game-theoretic race’
The study positioned Bitcoin adoption arsenic a “game-theoretic race” among nations seeking alternatives to accepted reserve assets. Countries presumption Bitcoin arsenic a complement to golden reserves, providing integer portability advantages implicit carnal assets.
The authors reason that Bitcoin offers sanctions-resistant properties and enables nonstop planetary payments without dollar intermediation.
Adoption momentum has accelerated markedly since Trump’s election, with vulnerability events spiking from sporadic pre-2020 enactment to implicit 50 events successful aboriginal 2025.
The study concluded that large powers crossed continents present prosecute with Bitcoin arsenic a macroeconomic asset, making a reversal unlikely.
The station Bitcoin becomes a macroeconomic plus arsenic countries contention to ramp up adoption appeared archetypal connected CryptoSlate.