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Portuguese banks shutting crypto accounts citing risk management concerns
4.8.2022
The Bank of Portugal has licensed all of the exchanges that have had their accounts closed, including Criptoloja, Mind The Coin and Luso Digital Assets
Portuguese Banks Stop Offering Services to Crypto Exchanges, Citing ‘Risk’ as Rationale
4.8.2022
Multiple Portuguese banks have begun closing accounts belonging to crypto exchanges due to “risk management”-related reasons – and the country’s central bank appears to have given the financial institutions its blessing....
Read More: Portuguese Banks Stop Offering Services to Crypto Exchanges...
Spanish Crypto Exchange Bitbase Expands to Latam
15.7.2022
Bitbase, a Spanish cryptocurrency exchange and crypto ATM operator, has announced its expansion to Latam with the establishment of a store in Paraguay. The company, which had previously opened a store in Portugal, is now bringing its operations to several locations in Paraguay, having its sights...
Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate
26.5.2022
Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions...
Portugal's Assembleia da Republica says no to two crypto tax bills
26.5.2022
The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes
Two Crypto Tax Proposals Defeated in Portugal, but Gov’t Likely to Follow up With Own Bill
26.5.2022
Portugal’s status as a crypto tax haven remains in serious doubt – despite the defeat of two bills calling for the rollout of taxes....
Read More: Two Crypto Tax Proposals Defeated in Portugal, but Gov’t Likely to Follow up With Own Bill
Madeira ‘embraces’ Bitcoin and how the president met Michael Saylor
17.5.2022
Why and how the island of Madeira is “adopting” Bitcoin and how the president fell down the Bitcoin rabbit hole
Portugal to Tax Cryptocurrency Income According to Minister of Finance
17.5.2022
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains...
Portugal to lose crypto tax haven status as state announces gains duties
17.5.2022
The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender
Portugal Makes U-Turn on Cryptocurrency Tax
16.5.2022
The Finance Minister in Portugal has confirmed that cryptocurrency will be subject to taxation in the near future
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
8.5.2022
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin...
NAFSTARS Announces a Successful Fund Raise of $1․7 Million
5.5.2022
PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $1.7 million in seed, token pre-sale, and NFTs. This announcement comes right after...
Portuguese regulator grants first crypto license to a bank
15.4.2022
Bison Bank will offer its digital asset services to high net worth individuals, becoming the first banking institution in the country authorized to do so
Central Bank of Portugal Grants Country’s First Crypto License to a Bank
14.4.2022
Bison Bank was authorized to offer crypto custodian and trading services in Portugal on Thursday
Spanish Crypto Investors ‘Fleeing to Portugal to Escape Taxes,’ Say Lawyers
14.4.2022
Increasing levels of scrutiny from the Spanish taxman are forcing Spaniards to flock to Portugal – or at least declare their legal residence of their Iberian neighbor nation. And it is a phenomenon that could one day turn Spain into what legal experts have called a “crypto desert.”...
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Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
7.4.2022
Bitcoin is already legal tender in Roatán, Honduras and Madeira, Portugal. Now a Mexican Senator wants to make it so in her country as well
Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican Senator Sends Bullish Sign Too
7.4.2022
The island of Roatán in Honduras and Portugal’s Madeira region are both set to “adopt bitcoin,” while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin....
Read More: Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican...
Building businesses in the ‘spirit of Bitcoin’: The Bitcoin Hostel
6.4.2022
A Bitcoin hostel under construction in Portugal reflects a growing trend of business built with more than just a digital currency in mind
Ledger partners with The Sandbox to promote crypto education in metaverse
4.4.2022
The French crypto wallet company Ledger will educate people about crypto security using the virtual reality of The Sandbox
Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin
28.3.2022
A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April