Tag: international reserves

Ukraine’s central bank warns against adding virtual assets to national reserves

Ukraine’s Central Bank Issues Caution on Including Virtual Assets in National Reserves The National Bank of Ukraine (NBU) recently issued a warning regarding the potential risks associated with incorporating cryptocurrencies into the country’s national reserves. The NBU’s caution comes as the latest development in the ongoing global debate surrounding the role of virtual assets in […]

Brazil examines legislation for national Bitcoin reserve

Brazil Considers Establishing National Bitcoin Reserve to Strengthen Treasury Assets and International Reserves In a bold move that could potentially reshape the financial landscape of Brazil, the country is currently evaluating the possibility of creating a national Bitcoin reserve. This initiative, if approved, would serve multiple purposes, including diversifying the country’s Treasury assets, safeguarding its […]

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