Bitcoin and Cryptocurrency Option for Tax Payments from Brazil’s Oldest Bank

Banco do Brasil, the oldest bank in Brazil, announced that it has introduced Bitcoin (BTC) and crypto money option for tax payments.

Banco do Brasil has announced a news that will delight Brazilian crypto investors and users. In the statement, local people who are taxpayers You can pay your taxes with Bitcoin and cryptocurrencies. declared. However, the Brazilian-based crypto money company of the payment method in question Bitfy provided through.

For Banco do Brasil, these tax payment processes are a “collection partner” will take place under the supervision of Bitfy, which will act as Thanks to this system, users are able to pay the bill, which must be converted to the chosen cryptocurrency. Real automatically display the amount.

Founder and CEO of Bitfy Lucas Schoch He explained that crypto money technology is an important step for a future full of advantages and that this system will provide convenience to users with the following statements:

This emerging new digital economy is acting as a catalyst for a future full of advantages. Thanks to this alternative payment method offered, users will be able to pay with crypto money through a simple process.

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