Chilean Lawmakers Propose Strategic Bitcoin Reserve Amid Central Bank Skepticism

Chilean lawmakers are advocating for a Strategic Bitcoin Reserve (SBR) to harness Bitcoin’s economic potential, with support from mining lobbyist Andrés Villagrán and U.S. nonprofit leaders. Despite skepticism from the Central Bank of Chile regarding Bitcoin as a reserve asset, discussions with government officials are set for 2025 to advance the proposal. If successful, Chile could follow Brazil in exploring Bitcoin integration into national reserves.

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