Brazilian government official: Bitcoin reserves are essential to the country's prosperity

2025/03/29 14:45 (Updated 2025/04/24 10:03)
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Written by Lewis Kikutani
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Brazilian government official: Bitcoin reserves are essential to the country's prosperity

Will Brazil follow suit?

Pedro Geocondo Guerra, a senior official in the administration of Brazilian President Luiz Inacio Lula da Silva, officially stated on the 25th that the creation of a national strategic Bitcoin (BTC) reserve "will determine the prosperity of the country." Guerra, who serves as chief of staff to Vice President Gerardo Alkmin, emphasized at a congressional ceremony on behalf of the federal government that "Bitcoin is the gold of the Internet."

According to local media Poder360, Guerra said, "It is in the public interest to seriously discuss the creation of a Bitcoin reserve and it will be crucial to our prosperity." He went on to say, "Bitcoin is digital gold and...

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日本暗号資産ビジネス協会 Japan Cryptoasset Business Association
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Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.