$87,205.00
-1.16%$2,024.07
-2.41%$2.36
-4.32%$633.55
0.36%$137.66
-5.06%$0.999891
0.01%$0.195783
-4.47%$0.735981
-4.50%$0.23341
1.50%$2,022.66
-2.22%$87,191.00
-0.91%$15.63
-2.02%$3.89
7.27%$22.03
-3.50%$9.73
-0.55%$0.28984
-2.92%$2.75
4.83%$2,426.17
-2.08%$0.00001434
-6.99%$1.00
-0.02%$0.191807
-3.73%$94.49
-1.44%$4.62
-2.58%$333.32
-1.44%$6.62
-3.12%$5.05
0.16%$2,024.80
-2.36%$0.837153
2.42%$0.999072
-0.08%$0.998599
-0.07%$14.53
-10.65%$2,151.81
-2.35%$29.16
-0.47%$223.68
-1.24%$6.78
-4.26%$3.01
-1.11%$0.00000854
-6.73%$5.94
-1.11%$1.044
-0.40%$49.94
-1.33%$6.06
-4.25%$23.51
-1.87%$0.916231
-4.03%$35.94
0.06%$0.843437
-0.74%$1.16
-0.17%$0.101661
-4.31%$87,243.00
-1.13%$184.15
-2.34%$18.17
-2.37%$0.99965
0.10%$11.40
-3.99%$0.429977
-0.88%$266.56
-4.04%$0.02622418
-4.56%$4.84
-1.78%$3.69
0.28%$3.95
-4.52%$0.234135
-4.45%$0.076381
-3.65%$3.03
-5.33%$1.00
0.00%$0.61247
-2.77%$87,640.00
-0.63%$0.210216
-2.52%$0.3834
-4.43%$4.01
-0.34%$0.999888
0.01%$0.543792
-5.62%$5.75
-7.47%$0.903083
-2.38%$0.547958
-4.37%$11.36
-0.04%$87,171.00
-0.61%$2,108.11
-2.30%$2,022.16
-2.47%$0.494734
-7.98%$1,427.14
5.06%$1.16
-0.63%$0.643816
-5.61%$0.955345
-1.24%$0.745632
1.12%$0.070694
-4.08%$76.18
-3.04%$143.71
-5.04%$0.00001376
-10.56%$0.998925
-0.20%$0.210915
-2.61%$17.85
3.07%$0.106282
-1.16%$10.37
-5.54%$2,291.26
-2.32%$0.99254
-3.04%$0.997861
0.01%$1.044
-3.27%$0.01454481
-3.50%$8.15
1.11%$0.570643
-3.09%$86,477.00
4.62%$0.999946
0.00%$0.01841802
-3.40%$2,148.26
-2.50%$633.62
0.42%$0.999458
-0.07%$0.583794
4.63%$0.308854
-2.27%$0.726718
-1.37%$3,049.20
0.44%$0.999651
-0.07%$2.35
-6.58%$0.195998
-4.79%$87,109.00
-1.04%$0.00000071
-3.17%$35.31
-1.17%$2.38
-0.31%$0.00007067
-4.94%$176.29
-5.05%$0.422518
-2.92%$3,060.44
0.96%$0.110328
-0.82%$1.001
0.06%$0.00108047
9.28%$0.01281206
-3.61%$2,104.26
-2.53%$38.32
2.07%$0.169049
-3.84%$17.98
-1.96%$3.25
-5.79%$150.84
-5.10%$8.19
1.05%$2.00
-3.61%$0.571221
-10.12%$0.609819
-8.89%$0.739707
-1.98%$0.00610818
-5.92%$0.999341
-0.02%$3.39
-6.32%$0.539583
-7.70%$19.05
-2.73%$7.55
-5.34%$0.998842
-0.13%$0.01000035
8.43%$0.279453
-3.40%$0.074256
0.13%$0.471437
-3.83%$0.19579
-4.48%$85,940.00
-1.22%$87,107.00
-1.06%$0.998817
-0.11%$7.40
-1.99%$0.780903
-3.42%$2,150.49
-2.29%$0.175739
-4.20%$0.739261
-10.50%$2.93
-0.47%$0.376861
-3.99%$0.093714
-2.29%$0.999941
0.00%$2,024.31
-2.41%$0.04739032
-4.70%$0.00799101
-0.35%$0.00002259
-3.43%$1.27
-4.28%$0.556489
-4.13%$0.440066
-3.70%$87,678.00
-0.68%$2,021.79
-2.44%$0.00000044
0.65%$0.00684702
-6.40%$2,024.01
-2.50%$25.59
-1.99%$0.516082
-5.59%$1.52
-5.20%$0.23425
-4.43%$110.46
0.01%$0.998706
-0.54%$1.078
-0.32%$44.80
-1.58%$0.422834
-4.84%$0.939977
1.33%$1.096
0.29%$87,228.00
-0.90%$2,113.93
-2.21%$0.03727478
-10.04%$2,025.01
-2.20%$0.00006611
-2.03%$1.51
0.74%$2,016.41
-2.88%$0.01085975
-4.63%$0.177662
-9.01%$0.00418907
-1.79%$86,725.00
-0.89%$0.00000171
-11.32%$0.999035
-0.03%$3.13
5.32%$1.38
-2.54%$0.278402
-3.05%$131.18
-1.33%$1.00
-0.09%$0.996812
-0.40%$0.283495
-4.59%$1.004
0.02%$2,006.32
-2.38%$4.03
-2.16%$0.0313735
1.39%$1.28
-5.72%$0.911829
-1.50%$0.709992
5.81%$2,024.47
-2.36%$0.104707
1.62%$0.416553
29.16%$18.30
-1.57%$24.26
-1.36%$0.214268
-2.47%$87,702.00
-0.34%$2,213.52
-2.33%$2,141.38
-2.33%$0.077781
-5.25%$0.514412
8.08%$0.28479
-3.33%$1.16
-5.02%$2.97
-0.87%$0.00274641
0.45%$87,131.00
-1.15%$0.00375775
-3.36%$0.00306046
3.50%$0.03979766
-2.59%$0.03472596
-2.91%$0.120884
-0.97%$0.599457
0.52%$1.27
-9.48%$2,193.97
-2.47%$1.00
-0.05%$0.525544
-0.76%$0.00559967
-1.17%$0.03380993
-3.18%$2,027.57
-1.98%$3,048.40
0.82%$0.255377
-9.07%$0.123967
-4.74%$0.01276359
-4.96%$0.739268
-2.14%$1,756.07
-0.84%$0.244458
-9.20%$0.616841
-5.61%$0.002677
-1.87%$0.27793
-3.03%$0.239018
-5.79%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.
Video game retailer GameStop said on Wednesday that it plans to offer up to $1.3 billion worth of convertible senior notes to investors, taking a page straight out of Strategy's Bitcoin-buying playbook. The Texas-based firm said in a press release that proceeds from the sale will be used for "general corporate purposes, including the acquisition of Bitcoin." The announcement comes one day after GameStop said it could purchase Bitcoin as a treasury reserve asset following an update to the company...
Fidelity Digital Assets is actively testing a stablecoin it has developed, a source with direct knowledge of the matter told Decrypt. The crypto-focused arm of Fidelity Investments, a $5 trillion asset manager, does not yet have plans to bring the token to market, the source said. The Financial Times first reported on the Boston-based firm's stablecoin experiment. The firm's testing of its own stablecoin comes as it also explores the tokenized U.S. Treasury market. A few days ago, Fidelity filed...
Cboe has submitted a filing to the U.S. Securities and Exchange Commission that would allow the exchange to list shares of a Fidelity exchange-traded fund tracking the price of Solana. The19b-4 form, filed Tuesday, is a major step in the SEC’s approval process, although Fidelity must still file an S-1 registration statement describing the product. The filing comes just days after Fidelity registered a Delaware Trust entity for its Solana fund, which would be based on the performance of the six...
