Brazil Parliament Sets Aug. 20 Hearing on National Bitcoin Reserve

Brazil’s Chamber of Deputies has scheduled its first public hearing for 20 Aug 2025 to examine a proposal calling for the creation of a national strategic reserve held in Bitcoin. Lawmakers will debate whether the cryptocurrency should be adopted as part of the country’s official reserves, according to the hearing notice released on 5 Aug.

Details on the size of the potential Bitcoin allocation or the timeline for implementation have not been disclosed. If advanced, the initiative would make Brazil—Latin America’s largest economy—one of the few major nations to consider holding Bitcoin at the sovereign level, underscoring the growing interest in digital assets among emerging-market policymakers.

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