More than 20 legislators in Chile are preparing to support the creation of a bank of #Bitcoin in Congress to lead the regulatory push in that nation. The goal is to introduce a proposal for a strategic reserve of #BTC by the end of this year.

This push could face opposition from the Central Bank of Chile, as central bank officials recently denied the possibility of adding BTC to their reserves due to its high volatility. #Chile would be the second country in Latin America to introduce a proposal for a strategic reserve of bitcoin recently.