Brazil’s oldest bank allows for tax bill to be paid off with crypto
A major Brazilian bank is offering a new and convenient option for taxpayers to settle their dues using cryptocurrencies.published by Brazilian bank Banco do Brasil on Feb. 11, it is now “possible” for Brazilian taxpayers to pay their tax bill with crypto, in a joint initiative with Brazilian-based crypto firm Bitfy.
It noted that besides the convenience it brings to customers, it makes it possible to “expand” the use and access to the digital asset ecosystem with “national coverage," with the comfort of a reputable bank providing consumer protection.
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