Rio de Janeiro, which is the second largest city in Brazil, has reportedly accepted the taxpayers in using digital assets to pay property taxes. The city is now looking for crypto companies to provide this payment service starting next year, provided that they are registered with the city and are in compliance with the requirement of the Brazilian Securities and Exchange Commission. It is believed that more than one digital asset could be used to settle the payment and there will be more categories of tax that could be paid by digital currency in the future.
https://cointelegraph.com
