By Cripto Educa
March 26, 2025, 11:51 AM - updated on March 26, 2025, 11:51 AM
Proposal for a strategic reserve of bitcoin (BTC) in Brazil.
The President of the United States, Donald Trump, initiated a debate on the creation of a strategic reserve of bitcoin (BTC) for the country. And a similar idea appeared here with the bill (PL) from Deputy Eros Biondini (PL-MG) at the end of 2024.
In the wake of the American debates, the proposal aims to diversify the financial assets of the National Treasury and protect Brazilian reserves against currency fluctuations and geopolitical risks, in addition to “ensuring backing for the issuance of the Brazilian digital currency (Digital Real – Drex).”
The bill, however, is only expected to start having its amendments debated in the Chamber of Deputies from next Thursday (27), according to the Legislative House's schedule.
But the proposal gains renewed momentum here in Brazil after the statements of Pedro Giocondo Guerra, chief of staff of Vice President Geraldo Alckmin (PSB).
Guerra stated, at an event this Wednesday (26), that it is relevant to discuss the creation of a national strategic reserve in bitcoin. The chief of staff was representing President Luiz Inácio Lula da Silva at an event.
“Debating rigorously the establishment of a sovereign reserve of value in bitcoin is of public interest and will be decisive for our prosperity. After all, bitcoin is digital gold, the gold of the internet. It is a technology that allows wealth to be transmitted from one end of the planet to the other quickly and to store the fruits of our labor efficiently and securely,” he stated.