Brazil's central bank will discuss Bitcoin reserves in Rio de Janeiro

According to the news, the Central Bank of Brazil will send six representatives to participate in the “Central Bank Autumn Meeting” scheduled to be held in Rio de Janeiro from November 19 to 21, 2025. The conference topics included growing trends in cryptocurrency and bitcoin reserves by central banks.

Ricardo Martinelli, representative of the Bank of Brazil's International Reserve Division, will discuss “Investment Perspectives: How Reserve Managers Can Deal with Geo-economics and Portfolio Strategies” with colleagues from Colombia, Jamaica, the Bahamas, and Guatemala. At the same time, the conference will also discuss the development of central bank digital currency (CBDC), and Brazil's ongoing Drex digital currency project will also be the focus.

Bank of Brazil Executive Secretary Rogério Lucca will share his views in the “Future of Money: Innovation, Interoperability, and Partnerships” panel discussion to explore the possibility of coexistence between CBDCs and stablecoins.