By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
bitcoin
Bitcoin (BTC) $ 65,768.00
ethereum
Ethereum (ETH) $ 1,936.65
xrp
XRP (XRP) $ 1.39
tether
Tether (USDT) $ 0.999921
solana
Solana (SOL) $ 83.24
bnb
BNB (BNB) $ 608.19
usd-coin
USDC (USDC) $ 0.999806
dogecoin
Dogecoin (DOGE) $ 0.094838
cardano
Cardano (ADA) $ 0.27428
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
tron
TRON (TRX) $ 0.285545
chainlink
Chainlink (LINK) $ 8.73
avalanche-2
Avalanche (AVAX) $ 9.11
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
the-open-network
Toncoin (TON) $ 1.29
stellar
Stellar (XLM) $ 0.155942
hedera-hashgraph
Hedera (HBAR) $ 0.098933
sui
Sui (SUI) $ 0.903828
shiba-inu
Shiba Inu (SHIB) $ 0.000006
weth
WETH (WETH) $ 2,268.37
leo-token
LEO Token (LEO) $ 8.69
polkadot
Polkadot (DOT) $ 1.40
litecoin
Litecoin (LTC) $ 53.57
bitget-token
Bitget Token (BGB) $ 2.23
bitcoin-cash
Bitcoin Cash (BCH) $ 491.03
hyperliquid
Hyperliquid (HYPE) $ 27.29
usds
USDS (USDS) $ 0.999882
uniswap
Uniswap (UNI) $ 3.60
cryptoprune cryptoprune
  • MarketCap
  • Crypto Bubbles
  • Multi Currency
  • Evaluation
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse
Crypto PruneCrypto Prune
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Search

  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Latest Stories

"Bank rules are hindering the spread of Bitcoin"
“Bank rules are hindering the spread of Bitcoin”
image
“The timing is perfect” Binance’s CZ confirms plans for SAFU fund from stablecoins to Bitcoin
Lucid
Cardano price prediction: Will Grayscale’s ADA bet push it to $1?
If Bitcoin loses this level, the winter road to $49,000 on the chart will quickly open up
If Bitcoin loses this level, the winter road to $49,000 on the chart will quickly open up
Bitcoin
Mapping Bitcoin’s bottom: Shows how far the price will fall before recovering
© 2025 All Rights reserved | Powered by Crypto Prune
Crypto Prune > Regulation > Brazil will decide whether to buy Bitcoin next week
Regulation

Brazil will decide whether to buy Bitcoin next week

7 months ago 4 Min Read

The Brazilian Parliament is being prepared for historic discussion on August 20, 2025. This is an initiative to promote investment in Bitcoin (BTC) of 5% of the country’s international reserve (approximately $17 billion), so it prepares for the historic debate on August 20, 2025.

The movement leads the institutional adoption of digital assets in Latin America and defines the South American national ambitions to protect the economy against global uncertainty.

The initiative promoted by MP Eros Biondini; It focuses on Bitcoin as a strategic asset to protect the national finances. The plan seeks to diversify state funding, reduce strong US dollar dependence, and reduce risks associated with geopolitical tensions.

In doing so, Brazil will go ahead of other regional and global forces that can follow their steps and project the image of an innovation hub to attract capital in the digital asset ecosystem.

Furthermore, the proposal addresses the strategic need to protect the Brazilian economy from Fear’s money volatility and growing geopolitical risks. And, although not mentioned in the text of the proposal, the measure is consistent with the “decoration” policy promoted by President Luis Inacio Lula da Silva’s government.

The bill assigns the general responsibility for the operations to the Central Bank of Brazil. In that sense, institutions manage staged purchases and protect their assets. The plan is to establish a surveillance system that uses Bitcoin and artificial intelligence technology.

As read in the proposed document, it is about to establish a national Bitcoin Reserve funded by 5% of international reserves. Buy over 137,000 BTC The current price is $120,000.

See also  ``Spain needs to separate Bitcoin from virtual currencies,'' Treasury inspector says

Such ownership places it on El Salvador, the only country in Latin America to accumulate Bitcoin as a strategic financial asset, and turns Brazil into a third country in the world with more BTC after the US and China.

With this Countries include digital currency asset in the national treasurychases the following five main objectives:

  1. Diversification of assets: Incorporate Bitcoin (up to 5% of international reserves), diversify Brazil’s financial reserves, reducing geopolitical exchanges and exposure to risks.
  2. Economic Protection: Following examples such as the US BTC ETF, we use Bitcoin as a coverage asset against economic crisis and inflation.
  3. Promoting Bitcoin Technology: Promoting the use of blockchain in the public and private sectors, promoting innovation and the creation of professional startups.
  4. Real Digital (DREX) Backup: Guaranteed support for Brazilian digital currency and integrate Bitcoin into national financial strategy.
  5. Safety and Transparency: Manage state-stored Bitcoin with advanced technologies such as cold portfolios (cold wallets), artificial intelligence for surveillance, and protocols to protect against cyberattacks and fraud. The agency also forces them to present and publish a “semi-annual report” to ensure transparency.

Once the agency is adopted, Brazil will mark a clear distance from the model implemented by El Salvador. This is because Salvador’s reserves rely on President Naive Bukere’s discretionary decision and face questions reported by the International Monetary Fund (IMF). The Brazilian initiative is based on a specific legal framework for investing in BTC at the state level.

In any case, despite the possibilities, the initiative faces immediate obstacles: turbulent internal politics. Congressional tensions threaten to derail or delay debate. This ensures that the financial world is successful in overcoming its internal sectors to exploit this historic opportunity, or whether it will give it the opportunity to become the region’s first big economy to integrate Bitcoin into its financial strategy.

See also  Spaniards who declared Bitcoin in 2025 could become free this year

TAGGED:Regulations
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RELATED NEWS

Iran limits Bitcoin exchange times

Iran limits Bitcoin exchange times

By Crypto Prune 8 months ago
Uruguay's decision on Bitcoin could attract investment

Uruguay’s decision on Bitcoin could attract investment

By Crypto Prune 7 months ago
European authorities are planning to counter US cryptocurrency regulations.

European authorities are planning to counter US cryptocurrency regulations.

By Crypto Prune 8 months ago
Donald Trump's Order

Donald Trump’s Order

By Crypto Prune 8 months ago
cryptoprune

© 2025 All Rights reserved | Powered by Crypto Prune

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cardano
  • Ethereum
  • Exchange
  • Market
  • Metaverse
  • Mining
  • News
  • Crypto
  • NFT
  • Solana
  • Regulation
  • Technology
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?