**Brazil Eyes Bitcoin Reserve with New Bill**

Brazil's Congress is considering a groundbreaking bill to establish a Sovereign Strategic Bitcoin Reserve, dubbed RESBit. Introduced by Congressman Eros Biondini on November 25, the bill aims to diversify Brazil's $355 billion reserves by incorporating Bitcoin, potentially up to 5%.

The reserve could protect against currency fluctuations and geopolitical risks, and support Brazil's upcoming digital currency, Real Digital (Drex). Inspired by El Salvador's Bitcoin adoption, the bill also outlines penalties for mismanagement. Now under review, it marks Brazil's latest step in digital asset regulation.