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Brazil: Government Suspends Indigenous Crypto Plans, New President Criticizes Project

“Jair Bolsonaro, the new Brazilian president who has officially taken office a week ago, has criticized a project offering to create a cryptocurrency for indigenous people in a Jan. 7 tweet” writes Ana Berman for As per local crypto outlet Portal do Bitcoin, the contract, among other things, offered to create a cryptocurrency that could circulate among the indigenous population of the country.

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