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Portugal Temporarily Bans Worldcoin’s Biometric Data Collection for 90 Days
26.3.2024
The National Data Protection Commission (CNPD) of Portugal has taken decisive action by issuing a statement temporarily restricting Worldcoin's biometric data collection through its Orb devices within the country.
The post Portugal Temporarily Bans Worldcoin’s Biometric Data Collection for...
Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO
17.11.2023
Using Web3 and NFTs to create another slate of millionaires isn’t a good use of the technology, says EndeavourXR CEO Amy Peck
Bank of Portugal’s Chief Pushes For Global Crypto Regulation – Here’s What You Need to Know
3.10.2023
The governor of Banco de Portugal, Mário Centeno has called for international cooperation towards a global framework for crypto regulation.
According to him, national efforts alone cannot protect investors due to the nature of digital assets as it can lead to regulatory arbitrage creating...
Head of Portugal central bank deems crypto unsustainable, calls for global regulation
3.10.2023
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts
Crypto Scams on Rise in Portugal as Two Investors Lose Over $312k
5.9.2023
Two Portuguese citizens have lost over $312,000 to crypto scammers, with police claiming that more people are falling victim to crypto fraudsters.
Per CM-TV, the two individuals hail from Cantanhede, in Portugal’s Coimbra District.
The duo appear to have been promised they could expect “quick...
Lisbon: A Buzzy, Affordable Mecca for Buy-and-Hold Crypto Nomads
27.6.2023
Portugal’s coastal capital offers a top-shelf European quality of life at discount prices. The No. 15 spot on CoinDesk’s Crypto Hubs 2023 attracts creative and entrepreneurial expats with a lively calendar of Web3 events, prized “digital nomad” visa and crypto-friendly tax laws
Lisbon Leads the Way as the World's Premier Crypto Hub, Outranking New York and Berlin: Report
4.5.2023
Portuguese capital takes the top spot among the world's most important crypto hubs - ahead of New York, Berlin, and Paris, according to a report by European crypto investment firm Greenfield.
The company argued that, while there are multiple reports on global crypto development, regional reports...
High Hopes for EU’s MiCA Law With Final Vote Imminent
13.4.2023
EU member nations are already jostling to hold the crypto crown as the bloc becomes the first major global jurisdiction to regulate the sector
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
7.3.2023
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and...
Cybercrime, Crypto Scams on the Rise in Portugal, Say Prosecutors
21.2.2023
Cybercrime has “skyrocketed” in Portugal – with crypto scams and ransomware attacks becoming more commonplace in the nation.
Sapo reported that, per the nation’s Attorney-General, 2,124 cybercrimes were reported in 2022. The number included an unspecified number of crypto scams.
The amount...
Italy Introduces Capital Tax on Cryptocurrency Gains - Will Other Countries Follow Suit?
3.1.2023
Italy’s parliament has approved a proposal for a 26% tax on crypto gains above 2,000 euros ($2,110).
In addition to bringing a hefty tax on crypto gains, the new law also introduces incentives for taxpayers to report their crypto. Under the law, crypto owners are entitled to an amnesty...
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...
Spain for the win? Top 3 fan tokens to watch during the FIFA World Cup
19.11.2022
Spain, Portugal and Brazil national teams' fan tokens are experiencing a price price boom as the World Cup gets underway
Crypto hits the main stage at Web Summit in front of record crowds
7.11.2022
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
Solana unveils Google partnership, smartphones, Web3 store at Breakpoint
6.11.2022
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
The Madeira Bitcoin adoption experiment takes flight
24.10.2022
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.”
The crypto industry fights regulators in the courts: Law Decoded, Oct. 10–17
17.10.2022
Grayscale and Ripple against the SEC, Coin Center versus the Treasury — it’s a hot season in the U.S. courts
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
11.10.2022
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...
Portugal Makes U-Turn On Crypto-Friendly Taxes
11.10.2022
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
Portugal proposes 28% tax on annual crypto trading profits next year
11.10.2022
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition