On August 20, 2025, Brazil's Chamber of Deputies will discuss the establishment of a national Bitcoin Strategic Reserve. The debate will center around Bill 4.501/2024, led by Federal Deputy Eros Biondini.
Discussion of Bitcoin Reserve
Key stakeholders, including industry and government representatives, will participate. The bill is led by Deputy Eros Biondini, who has previously advocated for financial modernization. Diego Kolling, Head of Bitcoin Strategy at Méliuz, is among confirmed participants.
Potential Economic Impact
The proposed reserve could influence Brazil’s economy and the crypto market. Reactions from financial and crypto market participants may vary based on hearing outcomes. As of now, no official statements or monetary allocations are confirmed pending final legislation.
International Comparison
Analysts compare Brazil's proposal to El Salvador's past Bitcoin adoption, although differing in reserve-focused goals. Hearing results may influence future Bitcoin policies and broader adoption narratives. The initiative underscores potential geopolitical impacts, with Brazil poised as the largest economy to consider such a move.
The initiative for a Bitcoin Strategic Reserve in Brazil remains under discussion, and its impact on the country's financial sector will depend on further legislative and regulatory developments.
