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Why Rio de Janeiro wants to convert 1% of its reserves into cryptocurrencies ?

The mayor of Rio de Janeiro, Eduardo Paes, is considering investing 1% of the public treasury budget in cryptocurrencies. The city could also give discounts for taxes paid in Bitcoin (BTC).

Why Rio de Janeiro wants to convert 1% of its reserves into cryptocurrencies ?

Rio de Janeiro could buy cryptocurrencies

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Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

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