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Brazil is set to make waves in the global financial landscape with a groundbreaking proposal to incorporate Bitcoin into its sovereign reserves. Spearheaded by Congressman Eros Biondini on 25 November 2024, the proposed Sovereign Strategic Bitcoin Reserve (RESBit) legislation aims to allocate up to

Brazil's securities watchdog has given the thumbs up to a spot Solana exchange-traded fund (ETF). It's a first of its kind globally. The move puts Brazil ahead of the US in the crypto ETF game. The Brazilian Securities and Exchange Commission (CVM) greenlit the ETF. QR Asset, a local asset manager,

Brazil's largest bank Itaú Unibanco has announced expanding its Bitcoin and Ether trading services to all customers. Itaú Unibanco is one of the largest private banks in Latin America. It has more than 60 million customers. And only a small portion of that number were given opportunity to buy and se