Brazil's lower house to hold hearing on creating national Bitcoin reserve
11 Articles
11 Articles
The proposal envisages the gradual acquisition of digital assets as a way to diversify Brazil's reserves and increase the National Treasury's exposure to the new digital economy.
Brazil to Hold Congressional Hearing on Proposed National Bitcoin Reserve
Brazil will hold a public hearing on August 20 to discuss a national Bitcoin reserve proposal. The proposed bill allows up to 5% of Brazil's reserves to be held in Bitcoin through cold wallet storage. The reserve plan includes blockchain education startup incentives and possible backing for Brazil's digital currency. Brazil’s Chamber of Deputies has scheduled a public hearing for August 20, 2025. The session will focus on Bill 4501/2024, which p…
Brazil Weighs National Bitcoin Reserve Proposal
The post Brazil Weighs National Bitcoin Reserve Proposal appeared on BitcoinEthereumNews.com. The hearing will be held to discuss a bill that could allow up to 5% of the country’s $300 billion treasury reserve to be allocated to Bitcoin. The proposal’s main goal is to protect Brazil’s reserves from foreign exchange volatility and geopolitical risks while also promoting blockchain innovation. So far, it attracted both support and criticism from t…
Brazilian Lawmakers Set First Public Discussion on National Bitcoin Holdings
Brazil's Chamber of Deputies will hold its first public hearing on August 20, 2025, to examine creating a national Bitcoin reserve. According to Cointelegraph, at least six institutions will participate in the discussion, including the Central Bank of Brazil, the Ministry of Finance, crypto advocacy groups, and representatives from fintech companies and banking sectors.The hearing will focus on Bill 4501/2024, introduced in November 2024 by Fede…
The proposal seeks to integrate Bitcoin into Brazil’s national economic policy and could mark a before and after in the institutional adoption of cryptoactives in Latin America. YOU CAN INTEREST: Bhutan’s government moved $59 million in Bitcoin: What does this mean? An unprecedented initiative in Latin America Brazil is preparing for a decisive moment in its economic and technological history. On August 20, 2025, the Chamber of Deputies will hol…
Brazil's lower house to hold hearing on creating national Bitcoin reserve - WorldNL Magazine
Brazil’s House of Representatives will hold a hearing on Aug. 20 to discuss a bill proposing the creation of a national Bitcoin reserve in the country. According to the House website, at least six institutions are slated to participate, including the Central Bank of Brazil, the Ministry of Finance, a crypto advocacy association and representatives from fintech companies and the banking sector. The bill, introduced in November 2024, seeks to allo…
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