{
Andres Villagran

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chile lawmakers propose strategic bitcoin reserve to boost cryptocurrency adoption

Chilean legislators are rallying to establish a bitcoin bench in Congress, aiming to introduce a strategic bitcoin reserve proposal by 2025. Over 20 lawmakers are involved in promoting bitcoin research and regulations, despite potential opposition from the central bank due to BTC's volatility. This initiative follows Brazil's recent proposal to allocate a portion of its foreign reserves to bitcoin, positioning Chile to be a leader in cryptocurrency adoption in Latin America.
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CHL Nayib Bukele Andres Villagran Gael Yeomans Dennis Porter Show more
Regulatory & Legal, News Article
09:30 05.01.2025
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