Portugal News

After raising over $250 million from firms such as SoftBank last year, Brazil’s 2TM Group is expanding into Europe.

The co-founder of the French tech unicorn discussed major innovations that could come as a result of developments in the NFTs industry.

“Our events change year on year, but the one area that has remained topical is crypto,” Web Summit’s Shauna Kiely said.

A Portuguese shop selling products of Chinese electronics giant Xiaomi previously announced that it partnered with Utrust to unlock payments in five cryptocurrencies.

The platform reported the sales of all its fan tokens have generated more $150 million this year.

Some Portuguese residents will reportedly be able to pay for electricity in Bitcoin starting from February.

Law enforcement representing 16 different countries cooperated to arrest 20 members of a global crypto-powered money laundering cartel in just one of the cases.

Building on previous advantages for traders and miners, Portugal continues to establish a crypto haven with Technological Free Zones.

Portugal unveils plans for cross-sector “technological free zones” to encourage experimentation in artificial intelligence, blockchain, 5G, nanotechnology and more.

Given the economic losses due to the COVID-19 pandemic, can we expect governments to be more vigilant in taxing cryptocurrency this year?

With zero taxes for crypto traders and miners, Portugal could become a Bitcoin tax haven. Cointelegraph takes a deeper look at crypto tax regulation in the country.

Libra will be a “journey of years and decades” and not a payment service like PayPal but more of an interoperability protocol like email, says Calibra’s VP of product.

The Portugal Tax Authority announced tax-free cryptocurrency trading, adding to the tax benefits already offered by the national government.

Five figures were arrested over the scheme, which police say was one of the most sophisticated ever seen in Europe.

Major expansion of payment systems in Brazil and no taxes on BTC transactions in Portugal in news of the week from Cointelegraph Brasil.