Brazil Proposes 1 Million BTC Strategic Reserve


In a move mirroring earlier initiatives from the U.S., Brazil's Congress has reintroduced Bill 4501/2024. The proposal aims to create a Strategic Sovereign Bitcoin Reserve (RESBit), authorizing the country to acquire up to 1 million BTC. This move is intended to diversify the national treasury and provide collateral for Brazil's digital currency, Drex, creating significant long-term bullish sentiment. $BTC #GateSquare$50KRedPacketGiveaway
BTC1,14%
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