Portugal News

The number of Portuguese people investing in cryptocurrencies like bitcoin and ethereum has been gradually increasing, reaching around 268,000 individuals recently, according to Triple-A, a digital currency payment facilitator. However, compared to the global population, the interest of the Portuguese…

The Internal Regulatory Authority has revealed a plan to the government to include self-employed workers with the Portuguese finance authority as digital assets service providers. The IRS has been making efforts to add taxes to several entities and people within,…

Portuguese authorities are proposing a 28% crypto tax in their 2023 budget. The new policy may become effective in next year's national budget.

The Polkadot developer conference sub0 is just around the corner. During this event, focus will primarily shift to unlocking more multichain opportunities. 

In an unprecedented move, crypto exchanges operating in Portugal were left reeling as they could no longer operate bank accounts. The abrupt move was led by Banco Comercial Portugues, the largest bank in the country.

The Portuguese Parliament has voted against two new crypto taxation proposals floated by members of minority left-wing parties Bloco de Esquerda and Livre. The bill was rejected during the country’s 2022 budget voting session on May 25, 2022, according to…

A recent report has unveiled Portugal Finance minister’s order, which states that all crypto assets holders will face taxes, after years of the country being considered an offshore for crypto. The secretary of fiscal issues in the countries also talked…

France has welcomed cryptocurrency investments by announcing that crypto to crypto transactions will be tax-exempt, and necessary taxes will be applied only when selling crypto for fiat currency. According to Bloomberg Tax, France will also introduce a value-added tax (VAT) for…

Portuguese football club Sport Lisboa e Benfica (SL Benfica) has inked a partnership with digital payment solution firm Utrust to allow its users to purchase match tickets and club merchandise with cryptocurrencies, reports Verdict, June 6, 2019. Expanding the Turf…

Sporting, a Portuguese football team announced it was planning to launch an Initial Coin Offering and its own cryptocurrency as an alternative method to fund the club. Following Paris Saint Germain and Juventus, it’s now time for one of the…