The mayor of Rio de Janeiro, Eduardo Paes, announced that the Brazilian city would be investing 1% of its Treasury in crypto.
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Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments
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
Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report
The mayor of Rio de Janeiro, Eduardo Paes, plans to allocate 1% of the Brazilian city’s treasury reserves to bitcoin.
The American Dream Is Dying — Bitcoin’s Monetary Policy Can Save It
Bitcoin’s monetary policy returns Americans to an environment that rewards hard work, incentivizes saving and makes life attainable.
How Spiral, Jack Dorsey’s Rebranded Bitcoin Company, Is Accelerating Adoption
The lead of Spiral, the Bitcoin-focused company formerly known as Square Crypto, explains the group’s rebranding, mission and future.
Strike Launches Bitcoin Payment Services in Argentina to Kickstart Latin American Expansion
The company plans to expand into Brazil and Colombia in 2022.
Spreedly Reports 100% Growth in Latin America
Payments orchestration platform Spreedly says it’s seeing a lot of activity from users in Latin America. The company announced Tuesday (Jan. 11) that transaction volume on its platform from that region had grown by more than 100% year over year. “As one of the world’s fastest growing eCommerce markets, there is a strong demand for […]
Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president
According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites.
Uber, Delivery Hero Latam Moves Signal Competitive Battle in Bid to Build Super Apps
The connected economy is a hyper-competitive battlefield — no matter where you look. In some countries and regions where super apps are gaining ground, some strategic re-positioning by platform giants gives an indication of just how competitive things are getting. To that end, March 7 looms as a red-letter day for platforms in the region. […]
Latin American Crypto Exchange Bitso to Sponsor São Paulo Football Club
The three-year partnership with the team will enable fans to purchase tickets and merchandise with cryptocurrencies.
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