🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Brazil plans to legislate to purchase 5% of its International Reserve in Bitcoin, with the Central Bank and the Ministry of Finance jointly managing it.
On June 12, it was reported that the Brazilian Chamber of Deputies is considering Bill No. 4501 of 2024, which proposes to establish a strategic reserve of bitcoin sovereignty (RESBit), and plans to use up to 5% of international reserves to buy bitcoin. The bill aims to diversify treasury assets, protect against exchange rate fluctuations and geopolitical risks, promote the development of blockchain technology, and provide support for the Brazilian digital currency (Drex). The reserve will be managed by the Central Bank of Brazil in conjunction with the Ministry of Finance, using security technologies such as cold wallets and strict transparency mechanisms. The rapporteur, Congressman Luiz Gastão, has voted in favour of the bill, emphasizing a cautious, gradual implementation strategy to balance the potential benefits with the risks.