The Brazilian Senate has approved changes to the country’s income tax rules that would make income on crypto on international exchanges taxable at local rates.
Users of Rappi in Mexico will be able to use cryptocurrencies to purchase credits. They may then spend their credits on any product or service available through the app.
During his speech, Neto clarified that he still believes crypto is more prominent as a form of investment rather than a form of payment while adding that it could change if the adoption among the masses rises.