New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience.
Brazil news
The Drex phase two pilot leverages Chainlink’s CCIP and Microsoft’s cloud infrastructure to innovate trade finance automation.
Russia’s plan to build out Bitcoin mining in other countries could inspire other nations to do the same domestically.
The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number.