The mayor of Rio de Janeiro said Thursday he plans to allocate 1% of Brazil's second-most populous city's treasury reserves to cryptocurrencies, according to a Globo"We are going to launch Crypto Rio and invest 1% of the treasury in cryptocurrency," Mayor Eduardo Paes said at the Rio Innovation Week.
According to Pedro Paulo, Rio de Janeiro's finance secretary, the city plans to apply discounts to tax payments made with bitcoin."You take the single quota discount of 7%, it would make 10% if you pay in bitcoin," Paulo said, adding that the administration needs to study the legal framework. Miami Mayor Francis Suarez also spoke at the event, and discussed the challenges in transforming cities into technological hubs. In February,Replaces references to bitcoin in headline, first paragraph and first bullet with the more general cryptocurrencies.
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Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in BitcoinMayor of Rio de Janeiro eduardopaes announced this week that the city would invest 1% of its treasury in cryptocurrencies. Is 2022 the year for crypto cities? Listen: eduardopaes hey do u Like rap? Hate politics? Mixed feelings here: btw WTF Boris ? eduardopaes Bitcoin could be in an accumulation phase as we are getting support from the higher low trend line, and it's holding the 42K-$45K level, which is one of the highest areas Y’all should follow Eden_mark_ he’s a super underrated bitcoiner who has incredible writings,tweets & tips eduardopaes A year from now they'll need to change the cities official name to ROI de Janeiro to commemorate this brilliant move. Bitcoin
Source: CoinDesk - 🏆 291. / 63 Read more »
Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency – Bitcoin NewsRio de Janeiro, one of the largest cities in Brazil, will reportedly put some of its funds in cryptocurrency investments, according to statements from mayor Eduardo Paes. This percentage Bitcoin is weak unless it swings to the range of 45-47k and goes up. It is powerless. Unless the market receives a reaction from the macro derivatives markets,the movement momentum increases. I’ve been taking zt_btc tips seriously & I’ve been superb zoot klever_io It will launch its network in 2022 imagine creating contracts without knowing programming in addition to its multiple products in addition to his wallet multichain and cold wallet Price .03 👀
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Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency – Bitcoin NewsRio de Janeiro, one of the largest cities in Brazil, will reportedly put some of its funds in cryptocurrency investments, according to statements from mayor Eduardo Paes. This percentage Bitcoin is weak unless it swings to the range of 45-47k and goes up. It is powerless. Unless the market receives a reaction from the macro derivatives markets,the movement momentum increases. I’ve been taking zt_btc tips seriously & I’ve been superb zoot klever_io It will launch its network in 2022 imagine creating contracts without knowing programming in addition to its multiple products in addition to his wallet multichain and cold wallet Price .03 👀
Source: BTCTN - 🏆 531. / 51 Read more »
Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in BitcoinMayor of Rio de Janeiro eduardopaes announced this week that the city would invest 1% of its treasury in cryptocurrencies. Is 2022 the year for crypto cities? Listen: eduardopaes hey do u Like rap? Hate politics? Mixed feelings here: btw WTF Boris ? eduardopaes Bitcoin could be in an accumulation phase as we are getting support from the higher low trend line, and it's holding the 42K-$45K level, which is one of the highest areas Y’all should follow Eden_mark_ he’s a super underrated bitcoiner who has incredible writings,tweets & tips eduardopaes A year from now they'll need to change the cities official name to ROI de Janeiro to commemorate this brilliant move. Bitcoin
Source: CoinDesk - 🏆 291. / 63 Read more »
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NCR Acquires LibertyX and Integrates Crypto Services Into 750K ATMs GloballyThe payments giant has integrated crypto services into more than 750k ATMs worldwide after acquiring leading crypto software provider LibertyX.
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