Portugal news - Portugal ranks 14th country globally in the Crypto Adoption Index just published by Henley & Partners.
The Henley Crypto Adoption Index 2024 includes Portugal in the Top 10 countries with the highest rate of cryptocurrency adoption globally. The report highlights that Portugal is renowned for its crypto-friendly tax policies, particularly the absence of capital gains tax on individual crypto investments, which has attracted a significant number of crypto enthusiasts and businesses. The government's approach to cryptocurrency regulation is relatively hands-off, focusing on monitoring and compliance rather than strict enforcement, which has created a welcoming environment for innovation, contributing to growth in Portugal’s crypto sector.
Here are the Top 14 countries with the highest rate of cryptocurrency adoption:
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