Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments

  • by

 
Brazil’s former capital city, Rio de Janeiro, might start holding crypto in its treasury, its Mayor has revealed.
According to the newspaper O Globo, Mayor Eduardo Paes made the announcement during an event also attended by another pro-crypto mayor, Miami’s Francis Suarez. The duo were speaking about the challenges involved in transforming metropolises into technological hubs….
Read More: Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments

Bitcoin News, Adoption, Bitcoin, Tax, Brazil, Latin America, Investing, Cryptocurrency

Cryptonews

Read More