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Treasury
Rio De Janeiro 'Inspired by Miami' to Add Crypto to Its Balance Sheet
Brazil's second most populous city, Rio De Janeiro, is planning to allocate 1% of the city's treasury reserves to cryptocurrencies, also exploring applying discounts to tax payments made with bitcoin. "We were really inspired by Miami actually," Rio de Janeiro Economic Development Secretary Chicão Bulhões said of the move, sharing insights into what this means for the state of crypto in Brazil.
Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto
The mayor of Rio de Janeiro, Brazil’s second-most populous city, reportedly announced last week he plans to allocate 1% of the city’s treasury reserves to cryptocurrencies. Bruno Ramos de Sousa, Head of Global Expansion at Brazilian crypto asset manager Hashdex, shares insights into what this could mean for bitcoin adoption in Brazil.
Bitcoin Price: Still Room to Fall?
Bitcoin's price could continue to fall as the "death cross" pattern looms on its daily charts by some estimates. "All About Bitcoin" discusses BTC's possible outcomes next week and short-term signals to watch. Plus, an update on the state of crypto adoption in Rio de Janeiro, Brazil, as the city plans to invest 1% of its treasury into bitcoin.
Río de Janeiro destinará el 1% de sus reservas del Tesoro a Cripto, según informe
La ciudad brasileña también planea otorgar descuentos en los pagos de impuestos realizados con Bitcoin.
Bank of America considera que la regulación de las stablecoins es un catalizador para su adopción masiva
Las monedas estables se consideran un activo de importancia sistémica con un valor de mercado de alrededor de 141 mil millones de dólares.
La administración Biden sanciona a la plataforma de intercambio de Cripto Chatex por acusaciones de ransomware.
El Departamento del Tesoro dijo que el intercambio proporcionó “apoyo material” a Suex, un intercambio previamente sancionado.
El Tesoro de EE. UU. afirma que la SEC puede regular las monedas estables, según un informe.
El presidente de la SEC, Gary Gensler, quiere más autoridad antes de que el Congreso decida cuál es la mejor manera de regular las criptomonedas.
US Treasury Department Prepares Stablecoin Report
U.S. Treasury officials are developing a report on stablecoins and their potential risks to the financial system to present to the President’s Working Group for Financial Markets. This allegedly follows last week’s meeting with representatives from financial institutions to discuss stablecoin regulations and other crypto issues.
Así podría implementarse la disposición sobre impuestos a las Cripto en el proyecto de ley de infraestructura de EE. UU.
La Cámara de Representantes votará sobre el proyecto de ley de infraestructura a finales de mes.
Binance Appoints Former US Treasury Enforcer to Anti-Money Laundering Role
Binance has named former U.S. Treasury enforcement investigator Greg Monahan as its global money laundering reporting officer. The appointment comes as the crypto exchange is attempting to be more proactive in its regulatory compliance. Where is it headed next?