Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto

Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto

According to Bulhões, the treasury announcement generated great enthusiasm among locals. “Suddenly, the city was just really excited about this matter. All the press here in Brazil and Latin America wanted to know more and understand what the city was doing. Also, it got people the feeling that Rio de Janeiro was back,” he said.

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