Odaily Planet Daily reports that Brazilian presidential candidate and Missão (Mission Party) founder Renan Santos recently stated on a podcast that Brazil should consider establishing a national Bitcoin reserve and described the proposal as “feasible in reality.” He pointed out that some countries have already begun exploring similar approaches, and Brazil could gradually build a Bitcoin reserve system.
Renan Santos said that his campaign platform has incorporated content related to Bitcoin and believes that blockchain technology can serve as a tool for the public sector to enhance transparency and combat corruption. Previously, the Brazilian Congress held a public hearing on the strategic Bitcoin reserve issue, with discussions initiated by pro-cryptocurrency legislators. The Brazilian presidential election will be held in October this year. (DL News)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs Roar Back as Balchunas Revives Gold Debate on Wall St
U.S. spot Bitcoin ETFs added fresh capital on March 23, reversing earlier weakness and restoring momentum across the category. The rebound followed several weeks of withdrawals in 2026, and it narrowed the funds’ year-to-date deficit. Bloomberg ETF analyst Eric Balchunas linked the trend to
CryptoBreaking1h ago
Price predictions 3/25: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, BCH, LINK
Bitcoin (BTC) continues to face significant resistance at the $72,000 level, but the bulls have kept up the pressure. Trader Daan Crypto Trades said in a post on X that BTC will have to cross and stay above the $72,000 resistance area to “test the $80Ks again.”
Markets tend to hate uncertainty, but
Cointelegraph1h ago
