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: PRCY Coin
Could these Newly Launched 2021 Crypto Projects Worth Looking into?
2021 has been the year of the crypto world. The year began with an excellent market bull run that positively impacted the entire crypto world. The NFT craze in 2021 has also been another popular season, with many investors earning millions from NFT related assets. Defi has also been a source of profits for investors globally. Apart from the market bull run and Defi and NFT growth, many cryptocurrencies launched in 2021. However, very few of those that launched have…
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