Does Brazil make Bitcoin history? The hearing has been revealed

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4 Min Read
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Brazil is preparing for a major debate about adding Bitcoin to its citizens’ funds. Reports say the agent will hold its first hearing on August 20, 2025.

The lawmakers set the stage for discussions regarding Bill 4.501/2024, introduced by Federal Deputy Bureau Eros Biondini in November 2024. This move will allow Brazil to diversify its reserve assets beyond the traditional US Treasury Department.

Chambers move to discuss Bitcoin Reserves

According to the Economic Development Committee, the session will begin at 4pm the entire year, Annex II of Brasilian lawmakers.

Federal Deputy Louis Philippe de Orleans Braganza has shown strong support within Congress in sought the hearing.

Bill 4.501/2024 calls on the government to purchase Bitcoin and other secure crypto assets, aiming to modernize the way Brazil protects its savings.

Bitcoin

Over 12 institutions and experts are invited. Diego Kolling, head of Méliuz’s Bitcoin strategy, explains how Crypto fits into long-term plans. Febraban’s Rubens Sardenberg discusses banking rules.

The invitation has also been invited to the Central Bank of Brazil, the Ministry of Finance, and the Ministry of Development, Industry, Commercial and Services. Their insights should cover how holding Bitcoin will affect inflation, fiscal policy and industry growth.

Experts place importance on risk and reward

Based on the report, supporters argue that Bitcoin can hedge against fluctuations in actual increased inflation. Critics are worried about the wild price fluctuations of the currency. Vitocoin has seen its movements of up to 30% in one day.

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Auditors need clear guidelines on how to record ciphers on the national balance sheet. Opponents may point out high purchase risks and see prices fall.

If the plan is approved, Brazil is not alone. After the Texas governor signed the law in June, Texas has already secured $10 million in public funds to buy BTC.

BTCUSD trading at $114,115 on the 24-hour chart: TradingView

Arizona and New Hampshire have passed similar measures, but have not yet funded the purchase. US President Donald Trump recently signed an executive order related to crypto-protected areas, giving more weight to the idea of sovereign Bitcoin Holdings.

The Future of Sobrinklipto Holdings

France is also exploring state-run Bitcoin mining at nuclear power plants, turning unused electricity into a source of revenue. Officials estimate that an additional gigawatt capacity can generate up to $150 million each year.

Brazil combines seasonal overflow, hydroelectric power and solar farms. If the government supports Bitcoin Reserve and investigates pairing mining operations with clean energy plants, it could turn wasteful electricity into a source of revenue.

Paybito special images, TradingView chart

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