Rio de Janeiro Eyes Treasury Investment in Crypto and Discounts for Taxes Paid in Bitcoin
The mayor of Rio de Janeiro, Eduardo Paes, announced that the Brazilian city would be investing 1% of its Treasury in crypto.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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