<ul><li>Brazil’s Vice President Geraldo Alckmin’s chief of staff, Pedro Giocondo Guerra, emphasizes the importance of establishing a national strategic Bitcoin reserve.</li><li>The proposed bill aims to guard Brazil against currency fluctuations and geopolitical uncertainties by diversifying the government’s international reserves.</li><li>If passed, the bill would allow Brazil to invest up to $18.3 billion in Bitcoin, representing 5% of the country's international reserves.</li><li>The legislation includes guidelines for acquisition, security measures, transparency, and educational programs in the field of blockchain and cryptocurrencies.</li></ul>

Strategic Bitcoin Reserve Proposed by Brazil’s Vice Presidential Advisor

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