Tax news about crypto

Bank of Brazil (Banco do Brasil) declared that residents could pay their assessments with crypto. As indicated by the official statement by the significant bank, this is empowered through an organization with a blockchain arrangements organization Bitfy. "With the game plan, [Bitfy] will begin to go about as the Bank's assortment accomplice. The assistance permits accomplices (monetary foundations, fintechs, among others) to offer the installment answer for charge bills, expenses and commitments to their clients, utilizing the arrangements endorsed by [Bank of Brazil] with substances and concessionaires of public administrations," the banks said.