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AMB Crypto 2023-02-22 14:15:24

LBank celebrates Brazil’s move to allow residents to pay taxes with crypto

Banco do Brasil (BB), Brazil’s largest public bank, partly owned by the Brazilian government, released a statement last Friday announcing that Brazilian taxpayers will now be able to settle their dues using crypto. Services are provided by Bitfy, a Brazil-based cryptocurrency payment processor, which exchanges paid cryptocurrencies for Brazilian reals in real-time. “Brazil is seeing

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