- Topic
20k Popularity
27k Popularity
112k Popularity
3k Popularity
19k Popularity
- Pin
- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Brazilian Lawmakers to Discuss Strategic Bitcoin Reserve Bill
The lower chamber of the Brazilian Congress will discuss an initiative proposing to invest 5% of all foreign reserves in bitcoin, creating a national Strategic Bitcoin Reserve to diversify exposure to international fiat currencies. The central bank would provide custody for these assets.
Brazilian Lawmakers Ready to Discuss Strategic Bitcoin Reserve Regulation
Brazil could become one of the first nations to explicitly pass a regulation promoting the establishment of a national bitcoin reserve. The lower chamber of the Brazilian Congress will discuss Bill 4501/2024, titled “Provides for the formation of a Sovereign Strategic Reserve of Bitcoins by the Federal Government and provides other measures” on August 20, after having been discussed and approved by different committees before.
The project, originally introduced in November, aims to put Brazil ahead in Latin America by laying the groundwork for a central bank-managed bitcoin reserve, which would be funded with part of the country’s foreign reserves. 5% of these reserves could be invested in BTC, totaling nearly $16.5 billion, according to central bank numbers in January.
The primary justification for this move is the diversification of Brazilian reserves, reducing exposure to exchange rate fluctuations and geopolitical risks, and increasing the economic resilience of the country’s finances.
The bill establishes that the central bank will organize the purchases and provide custody for these assets, issuing half-yearly reports to account for their state. Representative Eros Biondini, promoter of this bill, argues that while Brazil is one of the countries with the most adoption, this has not been reflected in government strategies, putting Brazil at a disadvantage compared to other countries in the region.
In addition, the proposal considers this reserve as a possible backing for the issuance of Drex, the Brazilian central bank digital currency (CBDC), which is still in its pilot phase.
While local media have reported that the proposal has support from both opposition and government parties, its approval might be affected by the political turbulence surrounding the arrest of former President Jair Bolsonaro, with opposition supporters announcing that they could boycott the discussion.
Read more: Brazil Introduces Bill to Establish Strategic Bitcoin Reserve