Crypto News Today [Live] Updates On Feb 14, 2026

BitcoincomNews · 2026-02-14T10:40:28+00:00

Brazil's lawmakers are proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to purchase up to 1 million Bitcoin over five years, potentially making Brazil a top state holder of Bitcoin. The bill is now set for committee review.

BitcoincomNews

2026-02-14 10:40:28

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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.

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