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Crypto News Today [Live] Updates On Feb 14, 2026
February 14, 2026 10:36:01 UTC
Brazil Lawmakers Push Plan to Buy 1 Million Bitcoin for Sovereign Reserve
Lawmakers in Brazil’s Chamber of Deputies have reintroduced a bold proposal to create a Strategic Sovereign Bitcoin Reserve, known as RESBit. The updated bill outlines plans for the government to purchase up to 1 million Bitcoin over the next five years. If approved, the move would position Brazil among the largest state holders of Bitcoin globally. The proposal will now move to committee review for further discussion and evaluation.