Archives for: October 11th, 2022

Cryptocurrency holders in Portugal face possible 28% tax

Written by: ( October 11, 2022 )

Portugal is a popular destination for cryptocurrency investors due to its zero tax on cryptocurrency. The government plans to change the policy and remove the protection for individuals who trade cryptocurrencies in the country. Fernando Medina, Portugal’s Finance Minister, presented Monday a draft to tax cryptocurrency gains owned by individuals in the country. This bill […]

Buying real estate in Portugal with cryptocurrency is now possible

Written by: ( May 10, 2022 )

Portugal is the latest country to begin to realize the power of cryptocurrency. According to a Cryptopolitan report from this past Sunday, Portugal has relaxed its laws regarding digital currency. It is now encouraging payments with tokens in all circumstances, including real estate purchases. A buyer recently purchased a Braga apartment for three bitcoins (roughly […]