Analysis Crypto by Thebittimes.Com

A Brazillian Congressman has proposed the creation of a national Bitcoin (BTC) reserve in Brazil called Bitcoin Sovereign Strategic Reserve (RESBit – Reserva Estratégica Soberana de Bitcoins , in Portuguese), aiming to diversify the country’s Treasury. According to Portal do Bitcoin , a local media outlet, the politician, Eros Biondini, filed the proposal on Monday, November 25.  “The creation of RESBit is a strategic measure that positions Brazil as a leader in the new digital economy, reducing economic risks and expanding opportunities for technological and financial development. The approval of this project is essential to guarantee the country’s economic sovereignty and align Brazil with global innovation trends,” wrote the deputy in the justification for the bill. Picks for you Trading expert believes this is just the beginning of X...

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is increasing its global reach with the launch of its crypto cards in Brazil and the Netherlands, as per the company’s most recent updates shared with Finbold on Tuesday, September 3.  The new cards are set to empower users in both countries by integrating cryptocurrency into everyday transactions and pushing for more widespread crypto adoption. Bybit Card debuts in Brazil To celebrate the launch of the card in Brazil, Bybit is kicking off a pre-registration event starting September 2, 2024.  Picks for you Jay Inslee’s net worth revealed: How rich is the Governor of Washington? 12 mins ago 3 Elon Musk warnings on the United States economy ...