In recent years Portugal has positioned itself as one of the most economically innovative countries in Europe. When it comes to cryptocurrency in Portugal, the situation is no different. With blockchain technology and cryptocurrencies exploding in mainstream media, bitcoin dealers are keeping an eye on what countries offer the most advantages for cryptocurrency users. And Portugal is topping the charts. It’s no wonder why then the Portuguese government has pivoted toward adopting a regulatory framework concerning cryptocurrency. Blockchain technology is steadily being implemented in a number of projects in Portugal, with banks also adding some specific measures to regulate Portuguese crypto-assets. Recent statements released by the financial authorities have clarified the official stance of cryptocurrency laws (including Portugal crypto tax regulations), going a long way towards cementing Portugal’s place as one of the top countries for cryptocurrency traders and investors.
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