Discussions are intensifying in Indian political circles about introducing BTC as a national reserve. Politicians from the ruling Bharatiya Janata Party (BJP) are publicly mentioning this, drawing industry attention.
Recently, Indian Member of Parliament Tejasvi Surya argued that "India should adopt BTC as part of its foreign exchange reserves or strategic national assets, referencing the cases of the United States and Bhutan." The MP emphasized that "by holding digital assets like BTC, India can gain hedging effects against global financial risks and strengthen long-term national economic stability".
These remarks appear to be inspired by some US state governments' movements to hold BTC as an alternative to government bonds, and Bhutan's central bank accumulating BTC through cryptocurrency mining.
Industry experts believe these discussions will not remain mere political rhetoric. BTC mining, trading, and blockchain industries are already rapidly growing in India, and if national-level BTC holdings become a reality, it could significantly impact the global cryptocurrency market.
Particularly, if India, the world's fifth-largest economy, includes BTC in its reserve assets, this could represent a critical turning point in the global foreign exchange reserve portfolio diversification trend.
However, India's Ministry of Finance and central bank have not yet issued an official stance. Experts assess that "while actual policy changes may take time, such discussions in political circles are a positive signal for the market".
