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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 […]
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.
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