Portugal Plans to Impose 28% Capital Gains Tax on Crypto Portugal is often referred to in the media as a European tax haven, especially when it comes to crypto. Be that as it may, it looks like that portion of Portugal’s reputation is coming to a close. On Friday, May 13th, Portugal’s Minister of Finance…
Argentina Plans to Pay Debt to the IMF with Taxes on Cryptocurrencies The bill approved by the Senate proposes the confiscation of Bitcoin and other assets from those who do not report their funds deposited in Argentine or foreign exchanges. Platforms that rat out their clients will be rewarded by the government with a portion…
UK Reveals Plans to Legalize Stablecoins During the Queen’s Speech Prince Charles presented the idea of a crypto bill during the ‘Queen’s Speech‘. Prince Charles addressed the public in the Queen’s stead, citing health reasons. During the Queen’s annual address to the British Parliament, 38 new bills were introduced. The bills covered matters of education,…
Square Enix plans to issue tokens and invest heavily in Web3 gaming Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term business strategy in 2022. Square Enix (SE) is a Japanese game developer with $3 billion in…
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