Brazil proposes national Bitcoin reserve with bill PL 4501/2023

12-6-2025 – Christened Bill PL 4501/2023, has ignited optimism within Brazil’s Economic Development Committee, marking a potential turning point in the nation’s financial strategy. Crafted by Federal Deputy Eros Biondini, the proposal advocates for the establishment of a national Bitcoin reserve, dubbed ‘RESBit,’ which would permit up to 5% of Brazil’s foreign exchange reserves to [. . source: https://www.cointrackdaily.com/brazil-proposes-national-bitcoin-reserve-with-bill-pl-4501-2023/