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Brazil's President Bolsonaro Attempts to Shut Down Indigenous Cryptocurrency

From cryptoglobe.com

Brazil’s President Bolsonaro’s administration cancelled a contract for a project that included the creation of a cryptocurrency for Brazil’s indigenous communities. The contract had been approved by the Temer government three days before Bolsonaro became President. On Monday January 7, Bolsonara tweeted: With only a few days of government, not only the black box of BNDES, but other bodies are being raised and will be released. Many contracts have been broken down and will be exposed, such as the $ 44 million to create indigenous crypto that was barred by Minister Damares and others. The agreement was suspended by ... (full story)

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