📢 Historic News in Brazil! 🇧🇷💰
Today, August 20, 2025, the National Congress holds the first public hearing on Bill 4501/2024, which proposes the creation of a strategic reserve in Bitcoin.
📊 The proposal aims to allocate up to 5% of the country's foreign reserves — about US$ 17 to 18.6 billion — for the purchase of BTC.
Great, I will detail this historic debate further 👇
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📌 What is being discussed?
Bill 4501/2024 proposes that the Central Bank of Brazil may allocate up to 5% of international reserves (currently around US$ 370 billion) in Bitcoin. This means an estimated purchase between US$ 17 and 18.6 billion in BTC.
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🔎 Motivations for the project
1. Diversification of foreign reserves
• Currently, Brazil's reserves are almost entirely in dollars, euros, and gold.
• Bitcoin would be an additional form of protection against risks of the traditional financial system.
2. Protection against inflation and global crises
• Proponents argue that BTC acts as “digital gold,” preserving value in times of instability.
3. Strengthening of economic sovereignty
• Reduces dependence on the dollar.
• Positions Brazil as a strategic player in the cryptocurrency landscape.
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⚖️ Arguments in favor
• Could increase Brazil's prestige as a pioneer among emerging economies.
• Creation of a strategic advantage over other countries considering the same movement (Argentina, Russia, and some African countries).
• Potential for BTC appreciation in the long term, generating profit for the country.
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🌍 International impact
• If approved, Brazil will be the first major G20 country to have an official reserve in BTC.
• This may pressure other countries to consider the same path.
• The crypto market may react positively, attracting institutional investors.
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