Brazil is set to hold its first public hearing on the establishment of a national strategic Bitcoin reserve
Brazil is set to hold its first public hearing on the establishment of a national strategic Bitcoin reserve. The hearing, scheduled for August 20, 2025, marks a significant step as the country debates the creation of a sovereign Bitcoin reserve in Congress. The proposal includes a strategic reserve valued at approximately $19 billion. The Vice President of Brazil recently attended the launch of the Portuguese edition of the book “Thank God for Bitcoin,” signaling high-level interest in the cryptocurrency. This move positions Brazil among the nation-states considering Bitcoin as a reserve asset, potentially influencing global markets.
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Source: https://thedefiant.io/news/regulation/brazil-to-hold-first-public-hearing-on-19-billion-national-strategic-bitcoin-on-cb1724be