Brazil proposes a Strategic Bitcoin Reserve, allocating up to 5% of its international reserves to bitcoin, boosting leadership in Latin America's digital economy.
https://bitcoinnews.com/adoption/brazil-bitcoin-reserve-bill/
Discussion
Yeah what it's not mentioned is that this reserve will be used for the backing of the DREX (CBDC)
The bitcoin cold war arms race is on.
Nayib bukele started the way 🫡
Unfortunately I have little hope in our government approving it :/