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Brazil Moves Closer to Holding Bitcoin as National Reserve

The post Brazil Moves Closer to Holding Bitcoin as National Reserve appeared first on Coinpedia Fintech News

Brazil’s proposed Bitcoin Reserve Bill has passed its first committee, marking a major step toward the country officially holding Bitcoin as part of its national reserves. The bill supports the idea of using Bitcoin as a strategic asset, aligning Brazil with the growing global trend of digital reserve diversification. While it still needs further approvals, the move signals a shift in how nations view Bitcoin, as more than just a currency, but a potential store of value at the national level.

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