Brazil Moves Closer to Holding Bitcoin as National Reserve

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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.