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@fwgleah
Several countries have recently adopted crypto-friendly policies. El Salvador continues to lead, with Bitcoin as legal tender and no capital gains tax on crypto. Portugal exempts long-term crypto gains from taxes, though discussions suggest potential changes. The UAE offers no personal income tax and VAT exemptions for crypto transactions, fostering blockchain innovation. Malta, dubbed "Blockchain Island," provides clear regulations and no long-term capital gains tax. Singapore maintains a robust regulatory framework with no capital gains tax for individuals. Switzerland’s "Crypto Valley" in Zug supports blockchain with favorable tax policies. Estonia’s e-Residency program and VAT exemptions attract crypto businesses. Bermuda’s Digital Asset Business Act ensures regulatory clarity and tax benefits. Australia’s progressive tax policies and regulatory sandbox bolster crypto growth. South Korea is easing crypto partnership rules for banks, aiming to boost innovation.
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