Brazil’s Rio de Janeiro to allow digital asset tax payments
Rio de Janeiro Mayor Eduardo Paes announced the initiative in March, saying it was the city’s attempt to attract the global digital asset community.
Latest Rio de Janeiro News
Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims
A rags to riches man was embroiled in an alleged Ponzi scheme, with investors accusing him of ripping them off worth billions of assets, which is suspected to have funded his extravagant lifestyle.
Brazilian police seize record $29M in alleged digital currency investment scam
The $29 million was seized from a BTC consultancy in Rio de Janeiro and the founder arrested, alleging that he moved billions in his BTC pyramid scheme.
Brazilian officials busted changing part of scam money to BTC
Police in Rio de Janeiro recently uncovered a major money-laundering scheme involving state officials who reportedly acquired $22.4 million—some of which had already been converted to BTC.