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📌Bank Of Brazil Now Allows Citizens To Pay Taxes With Crypto📌

Feb 13, 2023 7:29 AM

  📌Bank of Brazil, a.k.a Banco do Brasil, has announced that citizens can now pay their taxes with cryptocurrency. According to a post on their official website, Brazil’s oldest bank stated that this financial development is possible via a partnership with Bitfy, a popular blockchain solutions company with investment in BB’s Corporate Venture Capital Program (CVC).  

A very good and very brave action especially at this time and a great help for crypto and certainly a very big impact for crypto investors. I know that this example is not only in Latin America, but it would be good if many banks around the world followed it and this would be almost sensational in this and an increase in investments as well as a great security for the crypto world. Another good thing about this action is because many people have invested in crypto and also with them they can pay off the debts for taxes that I have not yet made, but this example for payment, I believe it would have been good to follow it for other payments as well electricity and in general municipal payments should be made in this form.📌

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