Brazil’s Parliament to Debate National Bitcoin Reserve as South America Leads Crypto Revolution
The proposal could make Brazil one of the first major economies to add Bitcoin to its official treasury reserves.
Brazil’s lower house will hold its first public hearing on creating a national Bitcoin reserve on August 20, 2025.
The hearing will examine Bill 4501/2024, which suggests putting up to 5% of Brazil’s international reserves into Bitcoin. With Brazil holding about $300 billion in reserves, this could mean a $15 billion Bitcoin investment – one of the largest government crypto purchases in history.
Federal Deputy Eros Biondini introduced the bill in November 2024. The proposal aims to protect Brazil’s money against currency problems and global risks while pushing the country ahead in digital finance.
