Brazil Bitcoin Reserve Overview
Brazil does not yet hold sovereign Bitcoin reserves, but legislation introduced by Deputy Eros Biondini (PL 4501/2023) proposes a 'RESBit' Strategic Bitcoin Reserve. Reintroduced in February 2026, the bill calls for acquisition of up to 5% of Brazil's international reserves in BTC — potentially making Brazil one of the largest sovereign holders.
Policy Highlights
- PL 4501/2023 (RESBit) proposes Strategic Bitcoin Reserve
- BCB and CVM jointly regulate digital assets since Crypto Law 14.478
- Major banks (Itaú, BTG Pactual) offer regulated crypto products
- Brazil ranks among top 10 countries by crypto adoption
Brazil Bitcoin Reserve Updates
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2026-02-12Brazil Congress reintroduced RESBit proposal targeting up to 1 million BTC accumulation over five years.Related: PL 4501/2023
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2023-11-25Deputy Eros Biondini originally filed PL 4501/2023 proposing strategic Bitcoin reserve.
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2022-12-21Brazil Crypto Law 14.478 enacted establishing VASP framework.Related: Lei 14.478
Brazil Bitcoin Reserve FAQs
Does Brazil hold Bitcoin reserves?
Brazil does not hold a verified sovereign Bitcoin reserve as of August 6, 2026. Current reserve status: None (Proposed).
How much Bitcoin does Brazil own in 2026?
Brazil has no verified sovereign Bitcoin holdings on record as of August 6, 2026. Any future acquisitions will be reflected here once confirmed.
Is Bitcoin legal in Brazil?
Brazil does not yet hold sovereign Bitcoin reserves, but legislation introduced by Deputy Eros Biondini (PL 4501/2023) proposes a 'RESBit' Strategic Bitcoin Reserve.
Does Brazil have a Strategic Bitcoin Reserve?
Brazil's reserve status is classified as 'None (Proposed)'. A Strategic Bitcoin Reserve is a government-held Bitcoin stockpile; this page tracks whether Brazil has established, proposed, or has no such reserve, with the verified timeline above.
How did Brazil acquire its Bitcoin?
Because Brazil holds no verified Bitcoin reserve, there is no acquisition history to report. This section will update if that changes.
Is cryptocurrency taxed in Brazil?
Crypto taxation varies by jurisdiction and commonly covers capital gains, income, or VAT/GST treatment. For Brazil, consult the policy summary above and a qualified local tax advisor, as rules change frequently.
Can you legally buy and hold Bitcoin in Brazil?
In most jurisdictions individuals may buy and hold Bitcoin through registered exchanges, though some apply licensing or restrictions. Review Brazil's regulatory stance above ('None (Proposed)') for the current position.
What is Brazil's cryptocurrency regulation?
Brazil does not yet hold sovereign Bitcoin reserves, but legislation introduced by Deputy Eros Biondini (PL 4501/2023) proposes a 'RESBit' Strategic Bitcoin Reserve.
Is Bitcoin mining allowed in Brazil?
Bitcoin mining policy ranges from full support to outright bans depending on energy policy and regulation. The country summary and timeline above note any mining-specific rules applicable to Brazil.
When was Brazil's Bitcoin policy last updated?
This page reflects the latest verified data as of August 6, 2026, compiled from primary sources including the Federal Register, government press releases, parliamentary records, and on-chain analysis.
How is Brazil's Bitcoin reserve data verified?
All figures are cross-checked against primary sources: government press releases, parliamentary and court records, on-chain forensic analysis, and reputable journalism (Reuters, Cointelegraph, CoinDesk). Estimates are clearly marked where attribution is contested.
Official Sources & Data References for Brazil
All data on this page is compiled from primary, verifiable sources. Click any source below to verify directly.