Home / Bitcoin News Wire / Rio de Janeiro’s mayor is following the lead of Miami’s bitcoin-loving Francis Suarez and will invest 1% of the city’s reserves in the cryptocurrency

Rio de Janeiro’s mayor is following the lead of Miami’s bitcoin-loving Francis Suarez and will invest 1% of the city’s reserves in the cryptocurrency

The famous Brazilian city is also reportedly looking into offering a discount of 10% on property taxes paid with bitcoin.
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