Rio becomes the first Brazilian city to invest a proportion of its treasury into Crypto .
The mayor, Eduado Paes announced during Rio’s Innovation week. He wants to turn Rio into a ‘Crypto friendly hub’, similar to Miami.
The move will be accelerated with a range of regulation and tax incentives such as a 10% discount on taxes when paid with crypto currencies
This clip is from Episode 13 of The Bitcoin Briefing Podcast.
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Music: “Someone Cries” – Produced by Andrew Holt
