Portuguese Congress Rejects Two Bills Seeking to Tax Crypto

The proposals were submitted by two leftist parties. The government, which also seeks to apply taxes, hasn’t submitted a proposal so far.

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Portuguese government to establish cryptocurrency taxation soon

The crypto community seems to be having a difficult time finding a slack. More negative headlines, particularly for investors in Portugal, have emerged after the disastrous market meltdown. Portugal, formerly considered a tax haven owing to the government’s zero-taxation policy, might soon lose its status as a tax haven.

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Portuguese regulator grants first crypto license to a bank

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.

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Bit2Me to collaborate with DFG to assist crypto startups in the Spanish and Portuguese markets

Bit2Me, a Spanish crypto exchange that last year launched its native B2M token, announced today it has reached an agreement with Digital Finance Group (DFG), a Singapore-based investment firm specializing in blockchain technology and cryptocurrencies.

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Two European Soccer Clubs Cancel Sponsorship Deals With Bitci: Report

Portuguese soccer club Sporting Lisbon and Italian team Spezia have cancelled their sponsorship deals with Turkish crypto firm Bitci, according to a Bloomberg report Friday.

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Mercado Bitcoin operator acquires Portuguese crypto exchange

After raising over $250 million from firms such as SoftBank last year, Brazil’s 2TM Group is expanding into Europe.

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Solana’s Breakpoint Conference Shines Light on Iberian Crypto Scene

Smart contract platform Solana has been one of the biggest winners in crypto of late, with the price of SOL rising almost 17,000% since the turn of the year. This week, the first conference organized by the Solana Foundation has been taking place in the Portuguese capital Lisbon (Nov 7-10), and as you would expect,Read More

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Xiaomi Refutes Reports of Crypto Payments Integration

Xiaomi has denied its involvement in the bitcoin (BTC) adoption push of its Portuguese retail partner Mi Store Portugal, barely 24 hours after the latter announced that its customers can now purchase Xiaomi devices with bitcoin and five other cryptocurrencies.

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You can now buy luxury condos with Dogecoin (DOGE) and Cardano (ADA) in Portugal

Swiss crypto payments processor FNTX Capital Suisse has teamed up with Portuguese property developer 355 Developments, allowing customers to buy luxury condos with Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), and Cardano (ADA), it said in a release today.

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Portuguese Authorities Contemplate Launching an Investigation on Local Crypto Social Media Influencers

Portuguese authorities are reportedly planning to take action against social media influencers who provide advice on crypto-related investments. The plans are being discussed in the wake of an online petition signed by thousands of Portuguese.

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Crypto.com Announces Turkish Language App and Exchange

November 5, 2020 —  Crypto. com has announced the release of a Turkish language version of its popular App and Exchange. Following the release of seven local languages in the last two months,  including Spanish, French, Korean, Italian, Portuguese, Traditional and Simplified Chinese, this release expands the platform’s reach to 75 million Turkish speakers who canRead MoreRead More.

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Crypto.com Launches Portuguese Version of App and Exchange

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Top Portugal Football Club S.L. Benfica Accepts Crypto, in Partnership with UTRUST

International crypto payment solution provider UTRUST has joined hands with the largest Portuguese football club, Benfica, to allow fans to pay for match tickets and official merchandise using cryptocurrency.

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Portuguese Football Club SL Benfica Accepts Crypto Payments in Partnership with UTRUST

In a watershed moment for cryptocurrency adoption, Portuguese football champions S. L Benfica have become the very first major European football club to accept cryptocurrency as a means to purchase game tickets and merchandise, in partnership with crypto-payment solution UTRUST.

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Crypto Goal! Major Euro Football Club Now Accepts Bitcoin & Ethereum

By CCN: The beautiful game just got much prettier after European football giant Benfica announced they’d be accepting bitcoin and Ethereum payments. Now, fans of the Portuguese Primera Liga champions can pay for match tickets and club merchandise using cryptocurrency.

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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

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Paybis Leaps Towards Worldwide Crypto Adoption by Translating Its Website into 5 New Languages

It has been said that the companies that will thrive in the next surge of cryptocurrencies are the ones that are working hard on improving the space and making digital currencies more accessible to the public.

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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.

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Lamassu unveils new generation model of Bitcoin ATMs

Bitcoin and crypto automated teller machine company Lamassu today unveiled its new generation. After multiple years of hard work, the company has introduced the 'Sinatra' family models which are named after the city on the Portuguese Riviera.

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