🌍 Brazil and El Salvador Lead the Change in Bitcoin Adoption
*📅 Date: August 20, 2025
In a historic moment, Brazil began its first official parliamentary hearing to discuss a bill to create a national reserve of Bitcoin worth up to $15 billion, equivalent to 5% of the central bank's reserves.
The goal? To protect the economy from the volatility of traditional currencies and to promote the use of blockchain in government and business.
🔹 Key Participants:
- Ministry of Finance
- Central Bank
- Experts from companies like Méliuz and Hashdex
- Strong support from deputies like Eros Biondini and Luiz Philippe Bragança
Meanwhile, El Salvador continues its leadership by enacting a new law allowing the creation of investment banks based on Bitcoin, in a move aimed at transforming the country into a digital financial hub in Latin America.
💡 Why is this important?
- Brazil could become the second country after El Salvador to hold Bitcoin as a strategic asset.
- Latin America recorded a growth of +42.5% in digital currency activity over the past year.
- These moves enhance the legitimacy of Bitcoin and open the door for widespread institutional adoption.
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