⚠️ The first public hearing to discuss the creation of the Sovereign Strategic Bitcoin Reserve (RESBit) in Brazil is scheduled for tomorrow, August 20, 2025, at 4 PM, in the Chamber of Deputies, in Brasília.

📣 The debate, which will be broadcast live on the official Chamber channel on YouTube, revolves around Bill 4,501/2024, authored by Deputy Eros Biondini (PL-MG), which proposes to allocate up to 5% of Brazil's international reserves (around US$ 15 to 18.5 billion) in Bitcoin, under the management of the Central Bank, with storage in cold wallets and auditing by the Federal Court of Accounts (TCU).

Project objectives:

- Diversification of reserves: Protect the National Treasury against currency fluctuations and geopolitical risks, inspired by initiatives like that of the USA, where Donald Trump approved a Bitcoin reserve.

- Technological innovation: Encourage the use of blockchain in the public and private sectors, in addition to supporting Drex (digital real).

- Economic sovereignty: Position Brazil as a leader in the digital economy, reducing dependence on traditional currencies like the dollar.

Confirmed participants:

- Diego Kolling (Head of Bitcoin Strategy at Méliuz)

- Pedro Henrique Giocondo Guerra (Ministry of Development)

- Rubens Sardenberg (Febraban)

- Luis Guilherme Siciliano (Central Bank)

- Julia Rosim (ABcripto)

- A representative from the Ministry of Finance is still awaited for confirmation.

Context and controversies:

The project, which has already received a favorable opinion in the Economic Development Commission (CDE), faces resistance, such as from the Central Bank's monetary policy director, Nilton David, who reflects the conservative view of traditional monetary policy. Furthermore, the proceedings may be affected by political turbulence, such as the house arrest of former president Jair Bolsonaro, which has prompted opposition obstructions. Experts disagree: while some see Bitcoin as a hedge against the devaluation of fiat currencies, others, like councilwoman Luiza Dulci (PT), criticize the lack of backing and the risks of volatility.

Sentiment on X:

Posts on X show enthusiasm from supporters, with phrases like “Bitcoin saves Bostil 🔥”, but also point to the political and economic polarization that the topic generates, with debates about fiscal stability and institutional crisis.

Potential impact:

The approval of RESBit could position Brazil as a pioneer in the adoption of crypto assets in sovereign reserves, following examples from countries like El Salvador and Bhutan, which already have Bitcoin reserves. It is estimated that Brazil could acquire around 150,000 BTC, impacting the global market. However, the volatility of Bitcoin and internal political complexity are significant challenges.

What to follow:

The hearing will be a milestone for assessing political and technical support for the proposal. Keep an eye on the arguments from representatives of the Central Bank and Febraban, which may signal the viability or obstacles to implementation. For more details, follow the live broadcast or consult the Chamber of Deputies portal.

Note: The enthusiasm expressed in “Bitcoin saves Bostil” reflects a sentiment from part of the crypto community, but the success of the initiative will depend on economic, political, and regulatory factors.


$BTC $BOB $USDC
#Bitcoin #AtivosDigitais #cripto #investimento #Brasil