Brazil’s largest public bank Banco do Brasil announced on 11 February its cooperation with crypto firm Bitfy to enable taxpayers to pay their taxes in crypto. Taxpayers could scan a barcode for checking their tax bill and then they would be able to see the amount of local currency needed to be converted into the selected crypto for paying the tax bills. Lucas Schoch, Bitfy’s founder and CEO, described the new digital economy as a catalyst for a future full of advantages.