Cryptoassets are one of the main applications of blockchain technology in finance. The new regulation proposed by the European Union can be defined as a set of measures aimed at further exploiting and supporting the potential of digital finance in terms of innovation and competition by reducing the [...]
In October 2021 the Registry of service providers for the exchange of virtual currency for fiat currency and the custody of coin purses was opened. All individuals and legal entities (subsidiaries, branches...) that offer or provide these services in Spain with or without a permanent establishment must register in this registry of the Bank of Spain.
Updated list of companies that can provide services with cryptoassets Read more "
Before starting, it is necessary to point out two different concepts that can lead to confusion: gaming and gambling. The former refers to all video games and their different variants, while the latter covers all games whose main factor is chance, while their purpose is to win a certain amount of money.
Security tokens are, as their name suggests, securities represented by electronic book entries (tokens) in distributed registries. As such, they are subject to general securities legislation, both in the United States and in the territory of the European Union. The emergence of Ethereum and other blockchains structured in accounts
Before focusing on Web 3, it should be mentioned that the web has evolved a lot over the years and that today it is divided into three stages: Web 1.0, Web 2.0 and Web 3.0.
Blockchain technology is made up of non-centralized distributed networks, which are understood as those networks formed in the absence of a main center, i.e. without a central server with the power to determine the scope of the request made. These networks are mainly characterized by their decentralized nature, as they are based on a model
Decentralized Autonomous Organizations, better known by the English acronym DAOs (Decentralized Autonomous Organisations) are the closest institution to the legal entity existing at the moment in cyberspace. They are entities - resident in one or several Ethereum accounts - through which several users share a common fund and decide, through voting,
Even amid the volatility of the sector, the potential to accumulate large amounts of wealth means that a growing number of traditional hedge funds are taking the risks of investing in cryptocurrencies and digital assets. Around four out of ten funds have already done so, while more than a quarter
Cryptocurrency investment funds try to facilitate investment in these assets. This is due to their diverse capabilities. Not only will we find Bitcoin funds on the market, but also funds containing other cryptocurrencies, other assets, related businesses and more. The truth is that, for the time being, investing in cryptocurrencies through funds.
Income from the sale of cryptocurrencies in Portugal has been tax exempt since 2018. Traditional investment income-which currently does not include cryptocurrency investment income-is taxed at more than 20%. In recent months, Portugal has also been the focus of some of the biggest cryptocurrency-related events, including.
List of cryptocurrency friendly and non-cryptocurrency friendly banks in Portugal Read more "
