Brazil to conduct first public hearing on National Bitcoin Reserve on 20 August

The Brazilian Chamber of Deputy, Brazilian National Congress’s Lower Ghar, set its first public hearing to discuss the construction of a strategic svereign bitcoin reserve from the Economic Development Committee (CDE) for the official agenda of August 20, 2025, 2025.

The hearing bill will detect the possibility of creating a national bitcoin reserve through 4501/2024. The federal sub -lews were requested by Philip Dee Orleans E Bragano when the bill reached CDE in June.

Diego Kolling, head of bitcoin strategy at Meliuz, and his participation at Rubens Sardenberg hearing from February. Economic Development Commission Services.

The intradupped bill by Federal Deputy Eros Bayondini in November proposes to establish a sovereign strategic bitcoin reserve (RES bit), enabled the federal party to acquire the bitcoin part of its official foreign property portfolio.

Under the bill, the Central Bank and Ministry of Finance oversee wold custody, risk management and reporting. Resbit holdings will be capted at 5% of Brazil’s international reserves and will be stored in complaint with global standards using the “cold wallet” infrastructure.

In addition to reserved diversification, the proposal frames bitcoin as a macroeconomic shield and a foundation for action domestic blockchain adoption. It also underlines measures to integrate Crypto and distribute laser education in Brazilian educational and innovation ecosystems, including startups and public-private partnership.

The Reserve Count also serves as a support for the Digital currency of the Central Bank of Brazil.

If the management of the authorities is passed, then there are 180 days to regulate the program near the wound of the executive branch.

If the bill passes the Chamber of Deputy, it is prominent for the Senate and a floor vote for the committee. If approved without change, it goes to the director for the President. If AASD is, it returns to the lower house for final approval

The hearing was first held by Livecoins.