Bitcoin-Friendly Portugal Welcomes Refugees From Ukraine’s Crypto Sector, Report Reveals – Featured Bitcoin News

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Bitcoin-Friendly Portugal Welcomes Refugees From Ukraine’s Crypto Sector, Report Reveals – Featured Bitcoin News
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Ukrainians from the crypto industry move to Portugal after fleeing their invaded country, report.

Bitcoin-Friendly Portugal Welcomes Refugees From Ukraine’s Crypto Sector, Report Reveals

Those among them who had been working in Ukraine’s growing crypto industry are likely to find it easier to settle down in Portugal than in other countries on the Old Continent, BNN Bloomberg noted in a report. Much like Ukraine before the war, this EU member state is becoming a cryptocurrency hub thanks to some bitcoin-friendly policies.-percent levy on profits from private crypto investments. When these gains are not resulting from professional activities, they are not subject to income tax.

You have to have a contract for a year, and you need to have a Portuguese guarantor, and you need to have a tax number and a visa. We don’t know what to do yet, we are asking our friends.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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