TechFlow news, November 27 — According to Crypto.news, a Brazilian congressional representative has proposed allocating 5% of the country's $370 billion treasury toward a strategic Bitcoin reserve. The bill limits the Bitcoin reserve to approximately $18.5 billion.
The bill must be approved by the Chamber of Deputies before being submitted to the Federal Senate for review. If supported, it will then be sent to the President of Brazil for approval and enactment into law.




