Friday, December 8, 2023

Brazilian Hospital Will Accept Crypto Payments in National First.

A hospital in the Brazilian state of Rio Grande do Sul is the first institution in the country to receive cryptocurrency payments. According to the Brazilian news source Livecoins, the hospital in issue is the Rolante Hospital Foundation (FHR), a large general hospital in Rolante.

FHR is the municipality’s earliest hospital. Patients of FHR will now be able to resolve their medical bills, pay for outpatient care, and purchase medications with cryptocurrency.

The city’s population is approximately 22,000, but it has become a hub for cryptocurrency adoption. According to the news source, approximately 120 merchants and service providers in the city accept Bitcoin (BTC) and other cryptocurrencies.

The news source asserted that Rolante had become Brazil’s “largest crypto adoption hub.Hotels, tourism businesses, and hang gliding businesses in the municipality accept a variety of tokens, including BTC, according to the report.

A reel on the BTC advocate account bitcoineaqui’s Instagram exhibited a variety of Bitcoin utilization scenarios in Brazil. And the media outlet noted that Rolante is less than 100 kilometers from Porto Alegre, the state capital, which added Bitcoin Pizza Day to its municipal calendar last year.

Active BTC and Altcoin Advocates in Brazil

A number of BTC proponents have reportedly launched “initiatives” in Rio Grande do Sul to “boost the use of Bitcoin.” “Several” of these initiatives aim to “promote [token] as a means of payment in commerce.”

Earlier this month, bank card issuers reported an increase in Latin American customers using cryptocurrencies to purchase in the region.

Cryptured Team
Cryptured Team
The writers team at is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

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