Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/WineMakerBg on 2024-12-08 03:43:49.

The Czech Republic recently made headlines when its Parliament overwhelmingly voted to exempt capital gains from Bitcoin and other crypto-asset sales from personal income tax—provided they’re held for more than three years and meet certain income thresholds. This is not an isolated event. Countries like Switzerland, Singapore, the United Arab Emirates, El Salvador, Hong Kong, and parts of the Caribbean have long recognized that zero or minimal capital gains taxation on Bitcoin can help spur adoption, financial innovation, and consumer confidence.

source: https://www.nasdaq.com/articles/why-trump-must-end-capital-gains-tax-bitcoin