Xiaomi retailer in Portugal now accepts Bitcoin payments
The official Portuguese shop of Chinese electronics giant Xiaomi has partnered with Utrust to unlock payments in five cryptocurrencies. Go to Source Powered by WPeMatico
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Portuguese national football team launches fan token with Socios
The platform reported the sales of all its fan tokens have generated more $150 million this year. Go to Source Powered by WPeMatico
Portugal Begins Approving Cryptocurrency Exchanges — Two Licensed So Far
Portugal now has two approved cryptocurrency exchanges. The country’s central bank, the Banco de Portugal, has licensed Mind the Coin and Criptoloja. In Portugal, the central bank is responsible for registering entities that intend to act as virtual asset service providers (VASPs). The bank must also ensure that they are in compliance with the legal … Read more
Portuguese Authorities Contemplate Launching an Investigation on Local Crypto Social Media Influencers
Portuguese 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 … Read more
Firm in Portugal to accept Bitcoin for electricity bills
Some Portuguese residents will reportedly be able to pay for electricity in Bitcoin starting from February. Go to Source Powered by WPeMatico
Eight Countries That Don’t Tax Your Bitcoin Gains
As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero taxes. Circumstances vary, but the real … Read more
Portugal Chases Crypto-Friendly Status With New ‘Free Zones’ for Tech
Following previous tax breaks, the new Portuguese Digital Transitional action plan helps Portugal establish itself as a crypto-friendly nation Go to Source Powered by WPeMatico
Portugal Unveils ‘Free Zones’ for Emerging Technologies in Digital Action Plan
Portugal is taking an ambitious approach to encouraging experimentation with blockchain, AI, 5G and other emerging technologies Go to Source Powered by WPeMatico
The Tax Man Cometh — Who Will Pay for the COVID-19 Stimulus?
An individual in the U.S. may have to pay a capital gains tax when purchasing a single cup of coffee with Bitcoin Go to Source Powered by WPeMatico
No Tax for You: Why Crypto Traders and Miners Might Head to Portugal
Zero taxes for crypto traders and miners: Is Portugal poised to become a Bitcoin tax haven? Go to Source Powered by WPeMatico