Rio de Janeiro, Brazil plans to launch “Rio Coin” and allocate 1% of its financial funds to invest in Bitcoin, and citizens who use Bitcoin to pay taxes can enjoy a 10% tax concession, becoming the first Bitcoin reserve in South America city of. According to reports, the mayor of Rio de Janeiro, Eduardo Paes, announced at the “Rio Innovation Week” meeting that he would launch the digital currency “Crypto Rio” and set aside 1% of the financial funds to invest in Bitcoin. He said that he would connect with the city of Miami, which plans to promote the “cryptocurrency...