Portugal’s parliament, Assembleia da República, has rejected two bills that sought to tax cryptocurrencies. Livre and Bloco, two Portuguese left-wing parties, proposed the bills. However, both parties had little representation in Congress. The ruling Socialist Party, which holds the majority of seats in the legislative assembly, has not yet submitted any bill. This news comes on the heels of Portugal’s Minister of Finance, Fernando Medina, announcing that cryptos will be subject to taxation soon. Explaining the need for crypto taxation,…
Tag: James Wo
ECC Board Member Quits Cites Executive Director Abuse For Decision
One of Ethereum Classic Cooperative's (ECC) board members, James Wo, has quit a position he has held on the board since 2018. His resignation is effective from Tuesday, March 17, 2020. Mr Wo blamed gross mismanagement on the executive director, Bob Summerwill's part for his decision. He suggested that Mr Summerwill lacks the necessary integrity and judgement to build the organization. Further, Mr Wo portrayed Mr Summerwill’s regime as incompetent, chaotic and bereft of financial ethics. Pursuing Personal Interests Mr…
2 years ago 
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