🇧🇷 Brazil Proposes 1M BTC Strategic Reserve!
Brazil’s House of Representatives has introduced PL4501/2024, a bold proposal to create a National Bitcoin Strategic Reserve (RESBit) — targeting the accumulation of 1 million BTC over five years.
Allow Bitcoin for tax payments
Offer income tax exemptions on digital asset gains
Protect user rights to self-custody and asset transfers
If passed, this could position Brazil as one of the most crypto-forward nations globally and mark a major step toward sovereign Bitcoin adoption.
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