Brazil plans Historic 5% Bitcoin Reserve Bill (Patreon)
Published:
2025-06-13 14:40:41
Imported:
2026-06
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Brazil is potentially set to become the first G20 nation to allocate up to 5% of its $370B reserves into Bitcoin through landmark legislation currently advancing in Congress. Unlike El Salvador's executive approach, Brazil's bill creates a Strategic Sovereign Bitcoin Reserve through proper legislative channels, providing robust institutional backing. This move could trigger copycat behavior among major economies and redefine global sovereign wealth management strategies.
If Brazil allocated 5% - BTC would shoot above $150K instantly - prob a lot higher.
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