Banco do Brasil Bank Now Supports Crypto Tax Payments
In a recent announcement, Banco do Brasil, the oldest Bank in South America has just allowed taxpayers with cryptocurrencies held in Bitfy to pay taxes with these assets. Bitfy is a startup specializing in blockchain solutions and has invested in BB’s Enterprise Venture Capital Program – CVC.
This initiative puts Banco do Brasil at the forefront of modern and efficient solutions while democratizing access to new financial technologies and providing convenience for customers as it expands the options for receiving taxes from the public sector. It works the same way when a customer pays for a ticket with a barcode. All he has to do is select the cryptocurrency on which he wants to pay taxes, capture a barcode or enter a sequence of numbers. All tribute information will appear to be validated before payment confirmation.
https://t.me/bitcoin_day
