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Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances
The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5% tax on both stablecoin purchases and remittances, treating them as foreign currency exchanges subject to the existing Tax on Financial… Read full article
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1M BTC Plan? Brazil Reintroduces Strategic Bitcoin Bill
Brazil reintroduces Bill 4501/2024 to buy up to 1M BTC over 5 years, with a projected $68B allocation and Bitcoin as Drex collateral.
Brazil has revived a proposal that could reshape its reserve strategy and digital asset policy.
Lawmakers have… Read full article
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Brazil Revives Strategic Bitcoin Reserve Plan Targeting Purchase Of Up To 1 Million BTC
Even as Bitcoin (BTC) struggles with weak price performance and heightened volatility over the past month, Brazil’s House of Representatives is signaling a markedly different long‑term outlook. Lawmakers are once again exploring the creation of a national Bitcoin reserve that… Read full article
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Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years
Bitcoin Magazine

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years

Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over… Read full article
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Brazil’s 1M BTC Move: Is the Sovereign Supply Shock Finally Here?
Why the RESbit legislation is a structural shift, not just a headline and the hidden cost of scaling crypto infrastructure.Continue reading on Medium » Read full article
1d ago
Medium.com
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Brazil’s 1M BTC Move: Is the Sovereign Supply Shock Finally Here?
Why the RESbit legislation is a structural shift, not just a headline and the hidden cost of scaling crypto infrastructure.Continue reading on Medium » Read full article
1d ago
Medium.com
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Brazil Moves to Establish One of the World’s Largest Bitcoin Reserves
Key Takeaways:

Brazil has reintroduced a bill to create a Strategic Bitcoin Reserve.
The proposal would allow the acquisition of up to 1 million BTC.
If approved, it would rank among the largest sovereign Bitcoin accumulation plans worldwide.
The move… Read full article
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Strategic Bitcoin Reserve Bill Allowing Brazil to Acquire up to 1 Million BTC Reintroduced in Congress
A bill proposing the acquisition of up to 1 million BTC has been introduced to the Brazilian Congress, significantly expanding a previous national strategic bitcoin reserve. The draft, which will need to be greenlit, would put Brazil among the countries… Read full article
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