JUST IN: BRAZIL'S CENTRAL BANK TO DISCUSS THE ADDING #BITCOIN TO THEIR RESERVES NEXT MONTH
— The Bitcoin Historian (@pete_rizzo_) October 30, 2025
THE LARGEST ECONOMY IN SOUTH AMERICA 🔥 pic.twitter.com/qmd5M93LlC
Brazil's central bank is set to discuss incorporating Bitcoin into its reserves in November 2025, per the post, building on a 2024 bill proposing up to 5% allocation—equivalent to about $15-19 billion based on current reserves—to diversify against currency risks.
This echoes an August 2025 parliamentary hearing where the proposal gained traction but faced pushback from the bank's monetary policy director over Bitcoin's volatility, with no new official November agenda confirmed in recent central bank announcements.
As South America's top economy with $370 billion in reserves, Brazil's potential move could accelerate nation-state Bitcoin adoption, following El Salvador's 2021 lead and recent explorations by countries like Sweden and Argentina.