Tag: Portugal

A New Bitcoin World

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

Portuguese Parliament Rejects Crypto Tax Proposals During Budget DebateTwo proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions to Tax Crypto Gains Members of the […]


May 26, 2022 0

Portugal to Tax Cryptocurrency Income According to Minister of Finance

portugalPortugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of “justice” and “efficiency,” and […]


May 17, 2022 0

Portuguese Authorities Contemplate Launching an Investigation on Local Crypto Social Media Influencers

Portuguese Authorities Are 'Analyzing' the Possibility to Launch an Investigation on Local Crypto Social Media InfluencersPortuguese authorities are reportedly planning to take action against social media influencers who provide advice on crypto-related investments. The plans are being discussed in the wake of an online petition signed by thousands of Portuguese. A Crypto Youtuber Already in the Authorities Loop According to Expresso, Portugal’s judicial police, Policía Judiciária, is “analyzing” whether domestic […]


March 9, 2021 0

Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin

Why Portugal’s Tax-Free Crypto Trading Matters for BitcoinCryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. Not to mention how absurd […]

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September 3, 2019 0

Bankers Continue to Sound the Bitcoin Alarm

From JP Morgan and DBS to Iran and Portugal, Bankers Continue to Sound the Bitcoin AlarmOf late, bankers public and private have increased their criticisms of bitcoin and cryptocurrencies, especially as valuation all time highs appear to have no quick end in sight. From destabilization to fraud and money laundering, legacy banking is doing everything in its rhetorical power to sway opinion.   Also read: Five Countries Where Bitcoin is Illegal World’s […]

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November 19, 2017 0