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: NFTs and Stablecoins
NFTs and Stablecoins, What is the Difference?
It is always hard to keep up with an industry that constantly launches new successful products by the year. The blockchain world is one such industry that seems just to be scratching the surface of its full potential. Even then, it has managed to top over 4000 different cryptos as of the end of January 2021. While not particularly new in crypto terms, NFTs and Stablecoins are still very new concepts to most people who aren't avid followers of the…
1 year ago 
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