By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Crypto > Brazilian Hospital Will Accept Crypto Pay
Crypto

Brazilian Hospital Will Accept Crypto Pay

News Room
Last updated: 2023/06/26 at 4:35 AM
By News Room
Share
2 Min Read
SHARE

A hospital in the Brazilian state of Rio Grande do Sul has become the first in the nation to accept crypto pay.

Per the Brazilian media outlet Livecoins, the hospital in question is the Rolante Hospital Foundation (FHR), a large general hospital in the municipality of Rolante.

FHR is the oldest hospital in the municipality.

FHR patients will now be able to use crypto to settle their medical bills, pay for outpatient treatment, and buy medicine.

The municipality has a population of around 22,000, but has already become something of a hotspot for crypto adoption: The media outlet noted that some 120 merchants and service providers in the municipality accept payments Bitcoin (BTC) and other cryptoassets.

The media outlet claimed that Rolante had become the “largest crypto adoption hub in Brazil.”

It noted that hotels, tourism firms and hang gliding firms in the municipality already accept a range of tokens, including BTC.

An Instagram reel from the BTC advocate account bitcoineaqui showcased arange of Bitcoin usage scenarios in Brazil.

And the media outlet noted that Rolante is less than 100 kilometers from the state capital Porto Alegre, which last year added Bitcoin Pizza Day to its municipal calendar.

Bitcoin ATMs in Latin America. (Source: CoinATM Radar)

A map showing the location of Bitcoin ATMs in Latin America.

BTC and Altcoin Advocates Active in Brazil

A number of BTC advocates have become active in the state, and have reportedly launched “initiatives” aimed at “boosting the use of Bitcoin in Rio Grande do Sul.”

“Several” of these aim to “promote the [token] as a means of payment in commerce.”

Earlier this month, bank card issuers claimed there had been a rise in Latin American customers using crypto to pay in stores throughout the region.

Some believe that a prolonged rise in inflation in the region has greatly aided the cause of local crypto advocates.



Read the full article here

News Room June 26, 2023 June 26, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Waymo in talks to raise funds at $100bn valuation

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Why U.S. Shipbuilding Collapsed — And The Push To Rebuild It

Watch full video on YouTube

The US real estate market is stuck: Why a 50-year mortgage won’t help lower costs

Watch full video on YouTube

Wall Street rainmakers scrap for windfall from Warner Bros deal

Some of Wall Street’s biggest rainmakers are vying for a windfall as…

Ark Restaurants Corp. (ARKR) Q4 2025 Earnings Call Transcript

Operator Greetings, and welcome to Ark Restaurants Fourth Quarter and Year-End 2025…

- Advertisement -
Ad imageAd image

You Might Also Like

Crypto

'Fundamental Shift' in Traditional Bitcoin Market Cycle May Be on the Horizon

By News Room
Crypto

FTX/Alameda Unstakes Over $1B in Solana – Is a Major Price Shift Coming?

By News Room
Crypto

Man Utd launch Player Trading Cards digital collectibles and Fantasy United game | 31 July 2024

By News Room
Crypto

Solana Meme Coin Prices Surge – Sealana Raises Over 3 Million

By News Room
Crypto

Can New AI Meme Coin Oracle Meme Surge Like Pepe?

By News Room
Crypto

The Next 100X AI Crypto?

By News Room
Crypto

Argentinian Regulators Talk Bitcoin with El Salvador Authorities

By News Room
Crypto

BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?