Brazil has reintroduced a bill to establish a national Bitcoin reserve through its Congress. The project aims to acquire 1 million BTC in five years in a gradual manner. Lawmakers supporting the move argue that it would diversify the nation’s sovereign assets and support long-term financial solvency. The draft replaces a previous version that allowed

The post Brazil Targets 1M BTC Strategic Reserve to Rival U.S. Bitcoin Stockpile appeared first on CoinGape.

Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Brazil Targets 1M BTC Strategic Reserve to Rival U.S. Bitcoin Stockpile

Brazil has reintroduced a bill to establish a national Bitcoin reserve through its Congress. The project aims to acquire 1 million BTC in fi...