Key Highlights
- Brazil plans to expand its Bitcoin reserve to 1M BTC, signaling a bold move toward digital assets as a national strategy.
- Global trend grows as Germany, France, and the Philippines explore national Bitcoin reserves to hedge against inflation.
- Central banks will manage Bitcoin safely, aiming to boost financial stability and protect economies from market swings.
Brazil has reignited efforts to create a Strategic Bitcoin Reserve, signaling a major shift in its economic strategy. On February 9, 2026, Deputy Luiz Gastão (PSD-CE) presented Substitute Bill No. 1 (SBT 1 CDE) under PL 4501/2024 to the Economic Development Committee.
The proposal aims to enable Brazil to purchase up to 1 million BTC, which is a substantial increase from the current limit of 170,000 BTC by 2025. If approved, this would place Brazil alongside other nations that are accumulating digital assets.
The bill updates previous rules, letting Brazil’s central bank buy and safely store Bitcoin in secure “cold wallets.” Lawmakers in the committee will study this new version before deciding what happens next. Right now, the government’s tracking system doesn’t show any changes, votes, or extra steps for the proposal. Besides, the committee’s review will decide if the bill moves forward for a wider discussion or needs more adjustments.
Brazil’s crypto strategy
In November 2024, Congressman Eros Biondini first proposed the “Bitcoin Sovereign Strategic Reserve” (RESBit), aiming for the gradual accumulation of Bitcoin to represent up to 5% of Brazil’s total reserves. He described the plan as “a strategic measure that positions Brazil as a leader in the new digital economy.” Besides reducing economic risks, the measure would strengthen Brazil’s fiscal resilience in times of global instability.
Biondini’s bill also mandates biannual reports detailing Bitcoin holdings and transactions. The reserve’s estimated value could reach $3 billion depending on market prices. However, critics warn that Bitcoin’s price volatility poses significant challenges. Consequently, the proposal must navigate a complex legislative process before becoming law.
Global Bitcoin reserves
Brazil is not the only country exploring Bitcoin as a national reserve. Last October, Germany’s right-wing party, Alternative for Germany (AfD), suggested creating a national Bitcoin reserve, stating that BTC’s limited supply could protect the economy from inflation and currency swings. AfD leaders Alice Weidel and Tino Chrupalla see it as a way to strengthen Germany’s financial independence within the eurozone.
At the same time, France introduced a pro-crypto bill led by Éric Ciotti. The plan targets Bitcoin, euro-backed stablecoins, and the growth of the local crypto industry. Éric Ciotti stated that the plan could help France achieve financial independence and include digital assets in the national economy.
The Philippines also put forward House Bill 421, called the “Philippine Strategic Bitcoin Reserve Act.” The goal is to build a reserve of 10,000 Bitcoins over the next five years. The country’s central bank, Bangko Sentral ng Pilipinas, will handle buying, storing, and managing the Bitcoins. The plan treats Bitcoin as a long-term tool to protect the economy from inflation and help manage the nation’s debt.
Also Read: South Korean Police Loses 22 Bitcoin From Custody: Phishing or Theft?
