Brazil’s second most populous city, Rio de Janeiro, is all set to buy Bitcoin with 1% of the city’s treasury reserves, said Eduardo Paes, the city’s mayor. Rio will be the first-ever Brazilian city to purchase crypto as a store of value if Eduardo proceeds with what he says. ๐ข Breaking News: Rio de Janeiro The post Rio De Janeiro Plans To Buy Bitcoin With Cityโs 1% Reserve; Tax Discounts Also To Be Offered appeared first on CoinGape.
