$94,596.00
0.54%$1,788.39
-0.67%$2.30
2.98%$603.02
0.30%$147.94
-1.08%$1.00
0.00%$0.178552
-2.34%$0.709448
1.20%$0.244968
-1.49%$1,785.86
-0.70%$94,460.00
0.35%$3.66
1.82%$14.80
1.40%$21.85
-1.06%$0.286081
0.12%$8.98
-0.36%$3.28
0.41%$0.193773
2.67%$0.00001365
-0.27%$0.999976
-0.00%$2,145.72
-0.52%$349.73
-0.83%$86.00
-1.26%$4.17
0.92%$17.94
1.12%$1.001
0.05%$4.39
-0.33%$1,785.18
-0.99%$0.999784
0.04%$254.28
11.34%$0.609681
-3.81%$29.27
0.24%$1,904.30
-0.86%$94,529.00
0.49%$0.00000884
-1.12%$5.59
2.84%$5.50
-2.09%$377.73
6.46%$52.11
-0.27%$2.56
0.42%$0.973764
1.74%$14.91
-0.36%$22.31
0.07%$5.05
-0.95%$1.049
-0.00%$1.00
0.00%$168.91
0.10%$16.78
-0.28%$0.091688
1.33%$0.095866
-2.17%$31.12
-3.03%$0.736997
1.09%$0.02714403
1.17%$4.42
0.51%$0.242824
0.90%$1.17
-0.01%$4.42
-0.86%$0.227559
1.94%$94,426.00
0.49%$0.341535
-4.80%$0.718413
-4.29%$4.29
0.17%$2.73
-0.14%$2.90
1.59%$0.524458
0.34%$0.339224
0.17%$4.09
-0.54%$0.00001959
4.54%$0.998466
-0.19%$1.12
-2.30%$94,160.00
0.16%$10.60
0.57%$0.46357
-0.82%$0.78279
-0.92%$0.850028
-3.55%$0.081417
8.37%$1,496.42
-0.31%$1.24
10.69%$154.83
-1.14%$1.15
5.31%$75.79
1.79%$0.01739354
5.55%$1,790.59
-0.60%$4.02
2.59%$0.211207
6.11%$0.583398
-1.01%$1,862.05
-0.84%$0.674829
0.71%$10.03
1.61%$0.99967
-0.06%$0.098525
-1.92%$603.71
0.39%$1.001
0.04%$1.00
0.02%$0.6512
-1.57%$2.91
-1.62%$2,025.93
-0.51%$0.2214
2.75%$3,324.74
0.23%$0.01689092
-0.24%$1.25
15.81%$1.00
0.03%$93,433.00
0.11%$39.82
-1.86%$3,324.67
0.19%$0.628683
-1.27%$0.77788
8.94%$0.845486
-0.56%$0.01202475
18.52%$0.00007801
0.14%$94,466.00
0.44%$0.01689232
-0.07%$163.17
-1.08%$4.09
-4.81%$0.301065
1.01%$12.87
-1.59%$94,849.00
2.24%$0.72928
1.04%$190.40
-1.05%$0.00000072
-2.14%$1,899.08
-0.86%$0.01977794
2.66%$0.997906
-0.00%$2.08
1.32%$0.110903
-1.83%$0.064632
-1.70%$0.403905
1.09%$0.627703
0.36%$0.999538
0.03%$18.13
-2.09%$1.10
0.31%$36.67
11.08%$0.313805
1.19%$0.237403
-0.93%$0.555331
-0.05%$2.73
6.85%$0.229638
21.84%$1.77
-2.84%$0.60863
1.11%$1,871.11
-0.78%$0.155589
0.21%$3.31
-0.27%$0.00908839
1.71%$0.0055261
-1.96%$0.070992
4.59%$0.655155
1.22%$0.619976
0.67%$0.523132
-1.36%$0.999209
0.07%$0.999929
-0.01%$0.45532
-1.34%$17.37
1.65%$1.38
2.93%$94,865.00
0.00%$94,680.00
0.64%$0.407836
4.58%$91,929.00
2.43%$1.00
0.01%$1,871.57
-0.52%$7.02
4.65%$0.178262
-2.29%$1.63
-4.05%$0.00002249
-2.27%$6.26
-2.23%$0.149415
-0.31%$0.537787
2.06%$94,245.00
0.17%$110.83
0.00%$1,787.19
-0.69%$0.24268
0.90%$0.00000042
-0.69%$2.56
0.72%$1.085
0.05%$0.088807
1.38%$0.989761
-1.05%$0.077179
0.68%$0.04132821
-0.27%$3.61
-0.40%$0.03943317
-6.77%$1,901.54
-0.77%$1,789.69
-0.58%$43.09
0.60%$0.391472
0.16%$0.00726071
-0.50%$1,787.39
-0.70%$21.60
-0.22%$0.998257
-0.36%$0.1313
-1.08%$0.0040898
0.19%$1.00
0.01%$0.55484
-2.46%$0.171246
2.79%$0.00006282
-1.15%$0.01768755
-1.15%$0.360159
-1.75%$1,768.81
-1.87%$0.811991
-0.82%$0.00481159
-6.17%$1,836.07
-0.51%$2.93
3.05%$0.998057
-0.25%$29.23
0.19%$0.999979
-0.00%$0.99989
-0.04%$0.698656
0.44%$0.685815
-1.94%$1.24
0.78%$0.723389
1.69%$94,481.00
0.52%$0.999748
-0.00%$0.242379
-0.26%$112.92
0.48%$0.265305
9.30%$3.62
-0.22%$23.58
8.54%$1.20
-1.40%$1,769.06
-0.99%$0.137351
-1.23%$0.00000139
-1.47%$0.20272
1.73%$94,262.00
0.96%$0.0037509
5.92%$1.001
0.07%$3,313.00
-0.22%$0.275294
-1.17%$0.099963
21.74%$2.81
-2.46%$1,789.49
-0.65%$1,895.06
-0.45%$0.00262709
8.71%$0.00257318
0.13%$16.04
0.40%$0.523017
-1.01%$17.83
0.57%$1.001
0.17%$0.03721678
-0.95%$0.01294426
-0.05%$0.11076
0.35%$0.449408
-0.18%$1,900.30
0.64%$0.00286033
2.48%$0.951052
1.48%$1.097
0.00%$21.87
-0.67%$0.725909
-3.50%$0.02879243
-0.53%$0.601396
0.53%$3.09
8.25%Reading
The Banco de Portugal, the competent authority responsible for registering virtual asset service providers in Portugal, has granted a license to Bison Bank to act as the first crypto bank in the country.
Per Portuguese media outlet Sapo, the bank has received authorization to launch Bison Digital Assets, the specific company which will conduct custodial and exchange services of cryptocurrencies.
Customers will reportedly be offered a “new and broader set of products and services that, in line with market demand trends in this new segment, match their global needs present in financial and virtual assets,” per Sapo.
Bison Digital Assets will also reportedly target high net worth institutional investors—however, the company has not yet disclosed which cryptocurrencies it will offer services for.
Under regulation by the Banco de Portugal, Bison Digital Assets will be supervised on anti-money laundering and counter-terrorism financing grounds. The regulator does not extend supervision to prudential or market conduct areas for crypto service providers.
While this is the first crypto bank to make landfall in Portugal, this is not the first time the European country has dabbled with the crypto industry.
Portugal has one of the tax-friendliest regimes in the world—when it comes to crypto.
Proceeds from the sale of cryptocurrencies have been exempt from taxation since 2018. Traditional investment income—which currently does not capture cryptocurrency investment income—is taxed at over 20%.
Decrypt and Yahoo Finance present: Crypto Goes Mainstream, an afternoon of live conversations with some of the biggest names in crypto to talk investing, mass adoption, NFT collecting, and how to get started with Web 3. November 9, 2021 in Brooklyn.
Businesses that accept crypto, however, are still liable to income tax.
In recent months, Portugal has also been center stage for some of the biggest crypto-related events, including the Solana Breakpoint Conference in November 2021.
Portugal’s growing crypto scene earned Lisbon—the capital city—a spot on Decrypt’s 15 Most Influential Crypto Cities in the World for 2021.
Crypto exchange Coinbase has reportedly fixed a user interface error that incorrectly labeled failed password login attempts as "2-step verification failed" in account activity logs. The mislabeling caused users to believe attackers had successfully used their passwords and were only stopped at the 2FA verification step, according to Lawrence Abrams, founder of cybersecurity-focused publication BleepingComputer, who identified the issue earlier this month. The exchange has reportedly fixed the e...
Strive Asset Management is still pushing GameStop to buy as much Bitcoin as it can, and as quickly as possible. But there is ongoing debate within the company about how much Bitcoin GameStop is willing to buy, Strive CEO Matt Cole told Decrypt on Thursday. “You should expect that they're going to buy some Bitcoin,” Cole said. “But I don’t think it’s decided how much they will go in that direction.” The video game retailer announced a month ago that it could start purchasing Bitcoin as a treasury...
Multiple victims have been attacked by what appears to be a North Korean campaign that targets cryptocurrency developers using fake U.S. companies. According to a Reuters report, two fake companies, Blocknovas LLC and Softglide LLC, were created by North Korean cyber spies to infect developers in the crypto industry with malicious software. 🚨 NEW THREAT REPORT: Contagious Interview (DPRK) Launches a New Campaign Creating Three Front Companies to Deliver a Trio of Malware: BeaverTail, Invisible...
