Portuguese – DIGIT INFO

Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils

DIGIT — Tue, 11 Oct 2022 20:30:12 +0000

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 […]

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Dozen Crypto Companies Await Portugal License Despite Bank Account Closures

DIGIT — Mon, 08 Aug 2022 07:30:05 +0000

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 […]

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Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals

DIGIT — Fri, 05 Aug 2022 05:30:42 +0000

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, […]

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Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

DIGIT — Thu, 26 May 2022 20:30:24 +0000

Two 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 […]

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Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto

DIGIT — Sun, 08 May 2022 08:00:57 +0000

An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom) […]

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Bitcoin-Friendly Portugal Welcomes Refugees From Ukraine’s Crypto Sector, Report Reveals

DIGIT — Mon, 21 Mar 2022 08:30:27 +0000

With a war raging in their homeland, thousands of Ukrainians, including many involved in the crypto space, have chosen Portugal as their new home. The country is an attractive destination, not only because of its warmer climate but also its relatively affordable cost of living and crypto-friendly tax regime. Portugal Attracts Crypto Talent and Business […]

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Portugal Begins Approving Cryptocurrency Exchanges — Two Licensed So Far

DIGIT — Tue, 22 Jun 2021 11:30:16 +0000

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 […]

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

DIGIT — Tue, 09 Mar 2021 23:30:05 +0000

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 […]

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Popular Bitcoin Wallet Samourai Ditches All Government Currencies

DIGIT — Sat, 29 Sep 2018 05:25:56 +0000

In what could be construed as calling the casual enthusiast’s bluff, BTC maximalists at the Samourai project announced, “All fiat currency conversions have been removed from Samourai Wallet. We understand this may inconvenience some, it may even be enough to cause us to lose some users, but we believe it is fundamental that our existing […]

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PR: YouTube For Professional Development LiveEdu ICO Reaches $8m in Less Than a Week! 10 Reasons to Participate in the Crowdsale

DIGIT — Mon, 22 Jan 2018 10:30:53 +0000

The LiveEdu ICO has gotten off to a great start with over $8M raised so far. The public sale opened on Jan. 15th, 5pm UTC with a 20% bonus on the first day. Bonus dropped to 17% on the second day and then drops by 1% every two days until it reaches 5%. The official end date of the ICO will be Feb. 10th unless the $10M hard cap is reached before. Here are 10 reasons to participate in the LiveEdu ICO:

The post PR: YouTube For Professional Development LiveEdu ICO Reaches $8m in Less Than a Week! 10 Reasons to Participate in the Crowdsale appeared first on Bitcoin News.

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