🚨🇧🇷 Attention, crypto community! 🚨🇧🇷
The Central Bank of Brazil reaffirmed its position, clarifying that it does not endorse or consider Bitcoin (BTC) as part of its foreign exchange reserves. It is essential to understand that, for the Bank, BTC is seen as a high-risk asset, lacking the necessary stability and security guarantees to be included in the country's official reserves. This decision reinforces the cautious view of traditional financial institutions regarding cryptocurrencies, highlighting the importance of regulation and understanding the associated risks. For us, investors, this means that the responsibility of managing risk is entirely ours! 📈📉
