Meet the new Latin city that will accept bitcoin to pay taxes - MUNDO APLI


sábado, 9 de abril de 2022

Meet the new Latin city that will accept bitcoin to pay taxes

 Know the countries that will pay their taxes with bitcoin

The city of Rio de Janeiro has promised to accept bitcoin (BTC) and cryptocurrencies for the payment of taxes, through an alliance with the Binance exchange.

As announced by Changpen Zhao, CEO of Binance, and seconded by Eduardo Paes, Mayor of Rio de Janeiro, the city will receive taxes in BTC and other cryptocurrencies. In line with this initiative, Zhao indicated that Binance would open a commercial office in Rio de Janeiro.

According to the official statement from the mayor of Rio de Janeiro, bitcoin and cryptocurrencies could be regulated beyond the payment of taxes towards other public services, as well as contemplating the use of non-fungible tokens (NFT) in cultural activities.

Although not specified, it is likely that they use a service developed by Binance, or other companies in the industry, both for receiving payments and converting them to the national currency, the Brazilian real.
Chicão Bulhões, Secretary of Economic Development of Rio de Janeiro, stated that they want to develop an ecosystem of cryptocurrency companies in the city, according to the official statement.

For his part, local deputy Pedro Paulo confirmed on Twitter that the payment of taxes with cryptocurrencies in Rio de Janeiro will begin in 2023. He also pointed out that the municipality is studying the possibility of investing in cryptoactive funds.

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