My Financial News from Brazil, Cryptocurrencies

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Brazil , Monday 12 January 2026

News Brazil Cryptocurrencies: Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin

Published on: Thursday 13 January 2022
News source: https://cointelegraph.com/news/brazilian-mayor-to-reportedly-invest-1-of-city-reserves-in-bitcoin

Rio de Janeiro mayor Eduardo Paes is planning to turn the city into “Crypto Rio” and allocate 1% of the city’s treasury into Bitcoin.

News Brazil Cryptocurrencies: Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report

Published on: Thursday 13 January 2022
News source: https://www.coindesk.com/business/2022/01/14/rio-de-janeiro-to-allocate-1-of-treasury-reserves-to-crypto-report/

The mayor of Rio de Janeiro said Thursday he plans to allocate 1% of Brazil's second-most populous city's treasury reserves to cryptocurrencies, according to a Globo report. "We are going to launch ...