Stories for August 19th 2025

Tuesday, August 19th 2025 - 00:19 UTC
Brazil Sets Historic Bitcoin Reserve Hearing as South America Leads Crypto Revolution

Brazil's Chamber of Deputies will hold its first public hearing on creating a national Bitcoin reserve on August 20, 2025. The country appears ready to join a small group of nations exploring cryptocurrency as part of their financial strategy. Bill 4501/2024 would let Brazil spend up to 5% of treasury funds on Bitcoin, which equals about $15 billion given the central bank's $300 billion in reserves.

Brazil Sets Historic Bitcoin Reserve Hearing as South America Leads Crypto Revolution