Crypto News Recap: Brazilians can pay taxes with crypto

Crypto News Recap: Brazilians can pay taxes with crypto

This week in Crypto News Recap, Ethereum's upgrade to free up $29 billion in staked Ether, Canadian University Dubai hits a roadblock, and Banco do Brasil enables tax payment using crypto. All that and more so let’s begin.

Banco do Brasil, a leading Brazilian bank, has introduced a new and convenient way for taxpayers to pay their tax bill using cryptocurrencies. The bank has partnered with Brazilian cryptocurrency company Bitfy to offer this option to Brazilian taxpayers with crypto holdings under the custody of Bitfy.