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Swiss city of Lugano to pay taxes in crypto via Tether partnership -Breaking

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Lugano, Italy’s economic capital, has adopted cryptocurrencies as a means of paying taxes in a collaboration with the provider.USDT) stablecoin.

Tether Operations Limited, the blockchain-based platform that powers USDT, the world’s largest stablecoin by market capitalization, has signed a partnership with the administration of Lugano, according to a joint announcement on Thursday.