Brazil Reintroduces Bill to Stockpile 1 Million Bitcoin as National Reserve

The statement that the government of Brazil has reintroduced a bill proposing to stockpile 1 million bitcoins as part of the national reserve is strongly supported by an authoritative and directly relevant primary government source. The official page from Brazil’s Chamber of Deputies contains the full text of Bill No. 4501/2024, confirming that such a legislative proposal exists. This is a primary source of record with both high authority and direct relevance to the claim, making it credible evidence that the bill was formally introduced or reintroduced. Additional government financial sources, such as the Central Bank of Brazil and related institutional registers, do not mention this initiative, but their primary purpose concerns monetary policy details and regulated institutions rather than legislative proposals. Therefore, their lack of reference neither contradicts nor diminishes the evidence. No credible contradictions are found among other authoritative sources; they are simply less relevant to the topic of cryptocurrency reserve legislation. Given the strength of the legislative documentation and absence of counter-evidence, it is highly probable that the statement is accurate.