Brazil and The Philippines Ponder Bitcoin Reserves, the Digital Euro Might Land on a Public Blockchain, and a Top US Crypto Tax Official Makes a Quick Exit | August 25, 2025
Description
Brazil eyes bitcoin as a strategic reserve (1:19 ). The Philippines introduces a bill to buy 2,000 bitcoin a year (2:46 ). Europe scrambles to future-proof the euro in a post-GENIUS Act world (4:16 ). And the U.S. IRS’s top crypto official steps down as new tax rules take hold (5:59 ).
This is your essential update on the forces shaping what’s next in money.
More on stories and articles discussed or referenced in this episode:
Asgari, Nikou. “EU Speeds Up Plans for Digital Euro After US Passes Stablecoin Law.” Financial Times, 22 August 2025, https://www.ft.com/content/8ad60169-d1e5-4d2c-b928-d53d668f0ec6.
Basu, Anushka. “IRS Crypto Chief Trish Turner Exits Amid New Tax Rules.” The Street, 22 August 2025, https://www.thestreet.com/crypto/markets/irs-crypto-chief-trish-turner-exits-amid-new-tax-rules.
House Bill Number 421, House of Representatives, Republic of the Philippines, https://docs.congress.hrep.online/legisdocs/basic_20/HB00421.pdf.
Luiv, Sven. “Philippines Proposes Bold 10,000 Bitcoin National Reserve Strategy.” Brave New Coin, 24 August 2025, https://bravenewcoin.com/insights/philippines-proposes-bold-10000-bitcoin-national-reserve-strategy.
Stanley, Aaron. “Brazil’s Congress Explores a Bitcoin Strategic Reserve.” Forbes, 24 August 2025, https://www.forbes.com/sites/astanley/2025/08/24/brazils-congress-explores-a-bitcoin-strategic-reserve/.
The music in this episode was composed by Liborio Conti, and you can find more of his fantastic work at his YouTube page: https://www.youtube.com/liborioconti.
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