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Brazilian Lawmakers to Discuss Strategic Bitcoin Reserve Bill

The lower chamber of the Brazilian Congress will discuss an initiative proposing to invest 5% of all foreign reserves in bitcoin, creating a national Strategic Bitcoin Reserve to diversify exposure to international fiat...

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Brazilian Lawmakers to Discuss Strategic Bitcoin Reserve Bill
The lower chamber of the Brazilian Congress will discuss an initiative proposing to invest 5% of all foreign reserves in bitcoin, creating a national Strategic Bitcoin Reserve to diversify exposure to international fiat currencies. The central bank would provide custody for these assets. Brazilian Lawmakers Ready to Discuss Strategic Bitcoin Reserve Regulation Brazil could become […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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