Global Cyptocurrency Regulations and Taxation: A Roundup

Sovereign Confidential

Alert

The fangs are out for cryptocurrency profits -- especially in the United States.

Central bank digital currencies (CBDCs) are starting to take shape.

And greater scrutiny and regulation of cryptocurrencies is an emerging theme.

But… 

Some forward-thinking government officials are embracing cryptocurrencies and blockchain technology. Malta is already a crypto hub, and Portugal is creating a very favorable environment for cryptocurrency traders and holders. Even usually tax-happy Germany has carved out a tax exemption for long-term crypto profits.

And El Salvador just made waves with their recent crypto-friendly legislation.

With all these developments, it’s time for an updated rundown of global cryptocurrency regulation and taxation. So, that’s what we’ll do in today’s SMC Alert. And we’ll also offer some solutions -- to remain in compliance and, if you’re willing to move, to possibly (legally) eliminate taxes on your future cryptocurrency profits.

Read on for our coverage and solutions...

The fangs are out for cryptocurrency profits — especially in the United States. Central bank digital currencies (CBDCs) are starting to take shape. And greater scrutiny and regulation of cryptocurrencies is an emerging theme. But…  Some forward-thinking government officials are embracing cryptocurrencies and blockchain technology. Malta is already a crypto hub, and Portugal is creating…

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