Brazil is taking a step back in the adoption of Bitcoin as an investment asset! 🇧🇷 The National Monetary Council has issued a resolution banning retirement funds from investing in cryptocurrencies. Resolution 5,202 prohibits supplementary pension entities from acquiring or maintaining investments in virtual assets, even indirectly through companies that invest in Bitcoin. Economy Minister Eduardo Haddad justified the ban, citing the need for "greater protection" for pension plan participants due to the high volatility and lower maturity of the crypto market. While other countries like Australia, the U.K., Norway, and the U.S. explore Bitcoin investments in pension funds, Brazil's stance signals a cautious approach from its government. What do you think about this decision? Let us know! 💬