Brazilian Bitcoin Beach Carnival Ends with New World Record
full version at dailycoin
- The three-day annual carnival in Brazil featured a Bitcoin-themed train.
- The Latin American country aims to educate young people about BTC.
- Praia Bitcoin Brazil attendees witnessed an in-person payment record.
The first-ever Bitcoin Beach festival in Brazil took place in Jericoacoara, where sustainable alternatives to legacy banking are needed more than ever due to financial instability. While recent research shows that the demand for cryptocurrency payments is the highest in Latin America, the government is also making steps towards putting crypto into the everyday lives of Brazilians.
Indeed, former President Jair Bolsonaro signed a game-changing crypto regulatory bill, which will pave the way to a legal framework to bank the unbanked and use Bitcoin (BTC) freely for tax payments. At the same time, the merchants of...
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