News
Ljubljana, Slovenia, has taken the spot as the world’s most crypto-friendly city, beating out well-known crypto hubs Hong Kong and Singapore.
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Slovenia News
The republic of Slovenia is a south-central European country with a population of two million and 20,000 square kilometers of area. Slovenia has a developed free-market and service-based economy with one of the highest GDPs in the Slavic countries. Slovenian exports mainly consist of machine and mechanical equipment, medicine and electronics. Bitcoin in legal in Slovenia. Slovenian Bitcoin regulations mostly apply to mining and the selling of goods in Bitcoin, which are subject to Slovenian Bitcoin taxation. There are no restrictions toward Bitcoin exchanges in Slovenia. Cryptocurrency exchanges are free to perform any legal operations and open their units — like Bitstamp did — in Slovenia. However, Bitcoin is not considered to be legal tender or a financial instrument and, therefore, Bitcoin and other cryptocurrencies are not subject to capital gains tax.
- News
Jernej Vrtovec, the representative of the New Slovenia opposition party, has slammed the proposal over fears it will stifle crypto growth in the country.
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The bond was issued as part of ECB wholesale settlements experiments and matures on Nov. 25.
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Slovenia’s crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies.
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Slovenian financial authorities have announced a proposal to tax cryptocurrency participants 10% on their asset income, specifically on purchasing and selling activities.
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The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.
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