PANews reported on December 30 that according to Cryptonews, the governments of Japan and Russia have currently ruled out plans to establish national Bitcoin reserves, saying they will wait and see the development of other countries (such as the United States) before making a decision. In response to the proposal of lawmakers, Japanese Prime Minister Shigeru Ishiba said that Japan's current laws do not allow the holding of encrypted assets, and the high volatility of Bitcoin is incompatible with the existing foreign exchange reserve system; Russian Finance Minister Siluanov said that although the price of Bitcoin has grown rapidly, its unpredictability makes the country unwilling to bear the related risks, and both countries have adopted a cautious attitude. At the same time, countries such as the United States and Brazil are actively exploring the possibility of Bitcoin as a national reserve asset.