Portugal News

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.

The Portuguese Tax and Customs Authority clarified that there is no income tax on Bitcoin and cryptocurrency in the country.

Portuguese sports club SL Benfica now has an option on its website to buy products in cryptocurrencies UTK, BTC, or ETH.

During an EU meeting, seven southern EU member states released a declaration asking for help in the promotion of blockchain.

French retail giant Auchan has expanded its blockchain products’ traceability solution after successful a 18-month pilot in Vietnam.

VAT implications of virtual products are still somewhat unestablished, leaving room for interpretation.

Personal income taxation does not apply to cryptocurrency gains in Portugal.

Portugal is the latest country to close the net on cash.