Fri, November 8

Portugal Cracks Down on Worldcoin’s Biometric Data Collection

Regulators in Portugal have spoken out against Worldcoin, Sam Altman’s artificial intelligence (AI) cryptocurrency project, and are investigating its data collecting efforts throughout the country. This is a major setback for the project. This setback experienced by a prominent AI-based cryptocurrency project quickly captured the attention of the whole globe,

March 27, 2024 1 min read

Portugal Government Proposes Crypto Tax For 2023 Budget

Individuals in Portugal have been excluded from paying capital gains tax on cryptocurrency profits for some time, but Finance Minister Fernando Medina has recently said that this exemption must end. According to a proposed budget for 2023 that was presented to Portugal’s parliament on Monday, Medina is proposing a 28%

October 11, 2022 2 mins read

Is Portugal Changing Its Crypto-Friendly Climate?

Major banks in Portugal closed the crypto exchange, CriptoLoja’s account. The Portugal government recently announced its plans to tax crypto income. According to recent reports, the bank account of Lisbon-based cryptocurrency exchange platform, CriptoLoja was closed by Portugal’s prominent banks, Banco Comercial Portugues and Banco Santander. Additionally, two other smaller

August 4, 2022 1 min read

Xiaomi Disapproves Itself From Portugal Store BTC Payments

This global Chinese smartphone manufacturer needs no formal introduction as it is popular all over the world. Being the largest Chinese smartphone manufacturer, Xiaomi has recently struck upon big speculation. This is in regards to Xiaomi accepting Bitcoin (BTC) as payments along with a handful of other cryptocurrencies. The Speculation

August 8, 2021 2 mins read