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Rio de Janeiro Is Set to Allocate One Percent of Treasury to Bitcoin

7 days ago   |   By Hypebeast

Rio de Janeiro is set to allocate one percent of its treasury reserves to the cryptocurrency Bitcoin. Announced by Mayor Eduardo Paes, this move is just one of the first steps in transforming the capital into a crypto hub. In the long run, the city hopes to offer tax incentives to those paying in Bitcoin - as much as a 10 percent tax reduction on buying a property. Eduardo Paes continued with, "Rio de Janeiro has everything it takes to become the tech capital of South America. Events like the Rio Innovation Week come to strengthen the city's image as the perfect place to work, live, and...
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Photos Of Regina King And Son Ian Through The Years

Photos Of Regina King And Son Ian Through The Years

Kevin Mazur/AMA2019/Getty Images for dcp By Victoria Uwumarogie · Updated January 22, 2022 Many hearts are heavy right now as people think of actress Regina King and her family... Read more ...

Nick Jonas, Priyanka Chopra's astrological compatibility makes them perfect...

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Cast members that stay together... buy boats together? Saturday Night Live costars Pete Davidson and Colin Jost purchased a decommissioned Staten Island ferry together. The... Read more ...

Here's What Meat Loaf's Real Name Was & How He Came Up With His Stage Name

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It's hard to see him with any other name, but Meat Loaf ‘s real name and the story behind it is almost as fascinating as how he came to be known as one of America's classic... Read more ...

Kanye West Posted a Jordan Brand Logo on His Instagram

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You never know what to expect when it comes to Kanye West. Shortly after Marcus Jordan - the son of NBA legend Michael Jordan - made a comment on Instagram saying that he wants... Read more ...

Celebrities Who Have Used Surrogates to Welcome Babies: Kim Kardashian...

Celebrities Who Have Used Surrogates to Welcome Babies: Kim Kardashian, Nicole Kidman and More

Many celebrities have turned to using surrogates to make their dreams of becoming a parent, or adding to their existing family, a reality. These stars have used surrogates to... Read more ...

5 Times Mitch McConnell Showed Exactly Who He Is

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Photo by Anna Moneymaker/Getty Images By Malaika Jabali · Updated January 21, 2022 Senate Minority Leader Mitch McConnell is catching heat for making a distinction between... Read more ...

Meat Loaf's ‘I Won't Do That' lyrical mystery explained

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The rock legend's 1993 hit “I'd Do Anything for Love " has long been misunderstood. But before Meat Loaf died he explained his famous lyric. Read more ...

Todd Chrisley Teases If Son Chase and Emmy Medders Will Get Back Together...

Todd Chrisley Teases If Son Chase and Emmy Medders Will Get Back Together: ‘I Want My Son to Be Happy'

On the market... for now? Chase Chrisley's relationship with girlfriend Emmy Medders unfolded during season 9 of Chrisley Knows Best, and the pair have since split. However... Read more ...