Portugal


Finance

New Fund Links Crypto Investment to Portuguese Residency

Investors can choose between a minimum investment of €100,000 for non-residency or €500,000 if they aim to gain residency through Portugal’s Golden Visa program.

Portugal's flag (Getty Images)

Finance

CarnationFM: A Decentralized Radio Playing Songs With Encrypted Hidden Messages

CarnationFM emerged from EthBerlin 2024 and won the award for Best Social Impact.

16:9 A mix of volunteers and hackers at EthBerlin playing music. 
Image Courtesy: Amitoj Singh/CoinDesk Date: May 2024

Consensus Magazine

Lisbon: A Buzzy, Affordable Mecca for Buy-and-Hold Crypto Nomads

Portugal’s coastal capital offers a top-shelf European quality of life at discount prices. The No. 15 spot on CoinDesk’s Crypto Hubs 2023 attracts creative and entrepreneurial expats with a lively calendar of Web3 events, prized “digital nomad” visa and crypto-friendly tax laws.

Stunning view of Lisbon from a manicured green lawn in foreground to the sea on the horizon (Sally Wilson/Pixabay)

Policy

High Hopes for EU’s MiCA Law With Final Vote Imminent

EU member nations are already jostling to hold the crypto crown as the bloc becomes the first major global jurisdiction to regulate the sector.

The EU is set to vote on MiCA. (Pixabay)

Policy

Portuguese Proposal Would Enact Taxes on Crypto Transfers, Capital Gains

The country had been notable for having no crypto taxes on individuals, but the finance minister last spring had promised that stance was soon to end. 

(Kutay Tanir/Getty Images)

Finance

Here's Why Portuguese Banks Are Closing Crypto Exchange Accounts

At least three exchanges have had their accounts shut despite obtaining regulatory approval to operate in the country. The reason? The banks' fear of potential money laundering.

(Kutay Tanir/Getty Images)

Finance

Cybersecurity Protocol Naoris Raises $11.5M to Build Decentralized Proof-of-Security Consensus Mechanism

Bitcoin whale Tim Draper was one of the lead investors in the round.

Naoris hopes to create a decentralized proof-of-security consensus mechanism by the end of 2022. (jaydeep/Pixabay)

Policy

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.

The Central Bank of Portugal licensed two crypto exchanges after a new crypto trading platform law took effect earlier this year.

Policy

Portugal Makes U-Turn on Cryptocurrency Tax

Reversing its previous hands-off stance, the nation will impose taxes on the exchange and sale of cryptocurrencies.

Portugal has made a U-turn on taxing cryptocurrency. (aayush_gupta/Unsplash)

Finance

Central Bank of Portugal Grants Country’s First Crypto License to a Bank

Bison Bank was authorized on Thursday to offer crypto custodian and trading services in Portugal.

(Getty Images)

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