Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin -Breaking
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© Reuters. Eduardo Paes, mayor of Brazilian city Rio de Janeiro, wants to allocate 1% of the city’s treasury into (BTC), Cointelegraph Brazil reported.
Paes reportedly announced plans for “Crypto Rio,” or turning the city into a cryptocurrency hub during Rio Innovation Week on Thursday, AccordingA report from O Globo, a local news agency.
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