Brazil is coming to Crypto
The Mayor of Rio De Janeiro made some major Bitcoin announcements this morning...
The Mayor of Rio announced that they will be putting 1% of their treasury into bitcoin.
But that's not all...
He also announced they would be offering a 10% discount on taxes paid in bitcoin.
That second one might be an eve bigger deal the first!
These announcements I am mentioning I have only heard second hand so keep that in mind.
I need to find the actual quotes from the government to verify.
Either way, Rio and Brazil are clearly moving towards bitcoin and crypto in a big way.