Spain for the win? Top 3 fan tokens to watch during the FIFA World Cup
Spain, Portugal and Brazil national teams’ fan tokens are experiencing a price price boom as the World Cup gets underway. Go to Source Powered by WPeMatico
Portugal
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Crypto hits the main stage at Web Summit in front of record crowds
Web Summit attracted over 71,000 attendees to Lisbon for the renowned technology summit, with cryptocurrency and blockchain taking a more central role in 2022. Go to Source Powered by WPeMatico
Solana unveils Google partnership, smartphones, Web3 store at Breakpoint
Solana Breakpoint, a four-day conference scheduled from Nov. 4 to Nov. 7, attracted 13,000 people in just one of the four venues it’s being held simultaneously. Go to Source Powered by WPeMatico
The Madeira Bitcoin adoption experiment takes flight
An update on the Bitcoin rollout on the Portuguese archipelago of Madeira, which according to entrepreneur Jeff Booth is “a bigger Bitcoin Beach but in the EU.” Go to Source Powered by WPeMatico
The crypto industry fights regulators in the courts: Law Decoded, Oct. 10–17
Grayscale and Ripple against the SEC, Coin Center versus the Treasury — it’s a hot season in the U.S. courts. Go to Source Powered by WPeMatico
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government of Portugal Proposes New Tax for Cryptocurrency-Related Gains In the past … Read more
Portugal proposes 28% tax on annual crypto trading profits next year
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition. Go to Source Powered by WPeMatico
Two more lawsuits for Coinbase: Law Decoded, Aug. 1-8
Both plaintiffs claim that Coinbase made fraudulent and deceptive representations regarding the company’s business. Go to Source Powered by WPeMatico
Dozen Crypto Companies Await Portugal License Despite Bank Account Closures
The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that some commercial banks are closing accounts of already approved operators. Binance Among Cryptocurrency Platforms Seeking Authorization in Portugal Portugal’s monetary authority is currently evaluating requests … Read more
Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts. Portuguese Crypto Firms Hit by Bank Account Closures Portugal, a leading European crypto hub, … Read more
