Brazil Reintroduces Bill to Create RESBit, Buy Up to 1M BTC Over Five Years
Brazilian lawmakers have reintroduced a bill to establish a Strategic Sovereign Bitcoin Reserve (RESBit), proposing to acquire up to 1 million BTC over five years through phased purchases. The legislation outlines a gradual accumulation framework within that period. If enacted, Brazil would become one of the world's largest bitcoin holders.