Engie is exploring adding energy storage or Bitcoin mining data centers to a major new solar plant in Brazil to improve the facility’s profitability, the company's local chief said. The move aims to create flexible demand and monetize excess solar generation.
A Brazilian bill to criminalize crypto-related foreign-currency tax evasion is gaining momentum, while El Salvador completes its Bitcoin Diploma 2.0 education push; energy giant Engie is also exploring bitcoin mining in Brazil.
Engie said it is weighing energy storage systems or Bitcoin mining data centers for a major new solar plant in Brazil as a way to lift the project's profitability.
Brazil has introduced legislation to accumulate 1 million BTC over five years under a new RESBit framework, backed by national reserves. If passed, it would create the largest sovereign Bitcoin reserve and reshape reserve strategy.
Brazil’s Revenue Service will propose a 3.5% levy on stablecoin purchases and transfers, treating them as foreign currency exchange operations under the IOF. The measure enters public consultation and could raise costs for remittances and on/off-ramps.
A bill before Brazil's Congress proposes buying up to 1 million BTC to create a strategic national bitcoin reserve, potentially making Brazil one of the world's largest sovereign bitcoin holders. The proposal significantly expands earlier plans and remains subject to legislative approval and funding details.
The Ministry of Finance will send a decree for public consultation to classify cryptocurrency transactions as foreign currency exchanges, a change that would let the government tax crypto operations. The move is expected to spark heated debate in Congress and face possible legal challenges.
Brazil’s Bill 4.308/2024 advanced in the legislature, requiring both domestic and foreign stablecoins to be fully reserve-backed and meet local regulatory standards. The move tightens rules for dollar‑pegged tokens used in trading and remittances.
Brazilian Gen Z investors are driving demand for stablecoins and tokenized income products, with Mercado Bitcoin distributing $325 million in digital fixed-income on its platform in 2025 so far.
B3 announced plans to roll out a tokenization platform and a stablecoin pegged to the Brazilian real to power tokenized asset transactions. The move aims to speed settlement and broaden digital-asset access for institutional and retail markets in Brazil.