Brazilian presidential candidate Renan Santos recently stated that Brazil should consider establishing a national-level Bitcoin strategic reserve, calling the plan "feasible" and including it in his campaign platform. Santos is the founder of the newly established party "Mission Party" (Partido Missão) and also a co-founder of the right-wing "Free Brazil Movement." He publicly expressed his hope to emulate President Nayib Bukele's Bitcoin policies and anti-corruption approach in El Salvador. In recent years, discussions within Brazil about incorporating Bitcoin into the national fiscal reserves have intensified, and the Congress has held hearings on related topics. Santos also said that blockchain technology can serve as an important tool for anti-corruption efforts in the public sector and help improve financial transparency. (DL News)
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Brazilian presidential candidate Renan Santos recently stated that Brazil should consider establishing a national-level Bitcoin strategic reserve, calling the plan "feasible" and including it in his campaign platform. Santos is the founder of the newly established party "Mission Party" (Partido Missão) and also a co-founder of the right-wing "Free Brazil Movement." He publicly expressed his hope to emulate President Nayib Bukele's Bitcoin policies and anti-corruption approach in El Salvador. In recent years, discussions within Brazil about incorporating Bitcoin into the national fiscal reserves have intensified, and the Congress has held hearings on related topics. Santos also said that blockchain technology can serve as an important tool for anti-corruption efforts in the public sector and help improve financial transparency. (DL News)