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Bitcoin in Brazil’s Treasury? Speculation Grows Over Potential BTC Adoption

  • Brazil is considering the creation of a national strategic reserve in Bitcoin.
  • Supporters argue that the reserve could act as a hedge against inflation and currency devaluation.
  • Legislative efforts have been made to formalize Bitcoin's role in the economy, with a bill proposing the establishment of a Strategic Bitcoin Reserve.
  • The move aligns with Brazil's focus on digital payment solutions and improving financial transactions among BRICS nations.

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