Will Brazil Be the Next Country to Embrace Bitcoin Reserves?

The post Will Brazil Be the Next Country to Embrace Bitcoin Reserves? appeared first on Coinpedia Fintech News

Brazil’s government has declared that a Bitcoin reserve is essential for the country’s economic prosperity. To support this vision, Congress is already reviewing an active bill that would allocate 5% of Brazil’s national reserves to Bitcoin, signaling a major shift toward crypto adoption. If passed, this move could position Brazil as a leader in integrating Bitcoin into its financial strategy, boosting economic resilience and hedging against fiat devaluation. The decision reflects a growing global trend of nations embracing Bitcoin as a strategic asset.