According to a message from 深潮 TechFlow on June 17, Bitcoin News reported that Brazil's proposed bill 4501/2023 to establish a Bitcoin reserve has passed its first committee review. The bill plans to allocate up to 5% of the forex reserves to Bitcoin. If the bill is ultimately implemented, Brazil will become the second country in Latin America to establish a legal Bitcoin reserve, following El Salvador.

‍ #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617