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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...

Mass adoption will be terrible for crypto


From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape

Crypto Exchange Bittrex to Pay $30M in US Treasury Sanctions Settlement


Crypto exchange Bittrex will pay the U.S. Treasury Department’s sanctions and money laundering watchdogs $30 million to settle allegations it maintained a poor compliance program between 2014 and 2017, allowing individuals from sanctioned jurisdictions to trade on the platform

OECD Presents Crypto Tax Reporting Framework


The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that seeks to stimulate economic progress, has published a global framework for crypto tax reporting.  According to a press release, the framework, dubbed the Crypto-Asset Reporting Framework...

Portugal Makes U-Turn On Crypto-Friendly Taxes


Though widely considered to be one of the most crypto-friendly countries, Portugal is increasingly shifting its position on taxing cryptoasset gains – and now plans to tax gains on crypto held for less than a year.... Read More: Portugal Makes U-Turn On Crypto-Friendly Taxes

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