$97,088.00
0.44%$1,846.49
0.11%$2.21
-0.36%$599.85
-0.06%$148.26
-1.30%$0.999995
0.00%$0.181089
0.17%$0.694749
-1.58%$0.247449
0.95%$1,846.02
0.07%$97,207.00
0.63%$3.44
-6.33%$14.76
-0.84%$21.16
-2.69%$0.27288
-0.97%$8.86
-1.71%$0.00001337
-1.35%$3.15
-1.77%$1.00
0.01%$0.184941
-1.45%$2,209.17
-0.42%$378.92
4.50%$20.99
4.25%$87.84
-2.41%$4.15
-1.15%$1,847.01
0.24%$283.11
2.71%$4.44
1.20%$1.00
0.00%$1.001
0.04%$29.00
-0.98%$0.596156
-0.97%$1,963.96
-0.14%$97,156.00
0.52%$0.00000871
-0.96%$5.43
-1.95%$373.77
2.91%$5.24
-2.35%$1.05
0.01%$51.50
-0.18%$2.52
-2.68%$0.921346
0.68%$1.00
0.00%$21.78
-0.03%$4.98
0.47%$0.101753
7.56%$175.25
0.36%$13.14
2.59%$17.12
1.03%$31.64
-0.54%$0.091795
2.76%$4.82
3.38%$0.733742
-0.42%$0.02712048
-0.78%$1.001
0.06%$0.236986
-2.45%$1.17
-0.00%$4.38
-1.95%$97,009.00
0.50%$0.717118
-3.04%$0.215228
-1.22%$4.29
-0.03%$2.78
-1.92%$0.574792
-0.14%$0.310698
-4.61%$0.341096
-0.25%$2.56
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-0.35%$0.999703
0.16%$0.00001854
-1.82%$97,099.00
0.84%$1.022
-3.38%$10.80
-0.20%$0.462803
0.14%$1,555.79
-0.91%$0.816464
-2.39%$1.24
-0.71%$84.01
2.40%$0.076967
-0.43%$155.39
-1.35%$1.82
10.63%$1.18
-0.71%$0.707644
-4.12%$0.641949
7.99%$0.219655
-2.47%$1,846.52
0.10%$0.01757286
-2.32%$0.721592
4.83%$4.04
-1.89%$1,919.27
-0.04%$1.00
0.04%$10.27
-0.44%$0.730536
3.31%$0.098117
-4.98%$1.00
0.01%$1.00
0.05%$599.89
-0.03%$2,094.44
0.17%$2.89
-0.18%$0.00008554
-1.35%$0.01679423
-1.46%$1.00
-0.00%$0.215361
2.04%$3,258.01
0.40%$0.786039
-0.52%$191.11
-1.15%$3,255.72
0.21%$39.02
4.28%$0.859621
-0.53%$97,129.00
0.56%$0.01215797
13.43%$0.760158
-1.54%$13.21
0.05%$163.79
-1.12%$96,858.00
-0.01%$96,635.00
0.15%$0.01676213
-3.48%$0.299384
-1.17%$0.581571
-12.50%$0.12319
3.69%$3.85
0.55%$1,966.18
0.22%$0.00000071
-0.49%$0.067148
1.90%$2.04
-2.76%$0.65164
4.92%$0.998068
0.00%$0.402687
-1.53%$0.999069
-0.05%$18.75
-0.54%$2.92
-1.52%$1.11
0.41%$1,930.76
-0.21%$0.01762109
-1.58%$0.565052
-0.30%$0.314731
-1.48%$36.37
2.04%$1.79
-3.57%$3.57
1.20%$0.679183
-3.66%$0.149791
-1.53%$0.00937014
2.02%$0.999996
0.01%$0.558675
1.09%$0.00562087
-4.10%$7.81
3.17%$0.433146
-0.36%$98,398.00
0.49%$17.76
-0.77%$0.999231
0.09%$97,329.00
0.92%$0.631885
-5.02%$1,931.19
0.35%$0.192136
-3.31%$0.189035
-4.51%$0.065888
-2.28%$0.432583
-0.91%$0.999995
0.01%$0.180921
0.16%$1.32
-5.66%$110.89
0.01%$92,549.00
-1.67%$0.00002272
2.28%$97,088.00
0.69%$0.142947
-2.62%$6.16
-1.31%$0.538977
-0.99%$1.55
-3.34%$1,846.24
0.19%$2.59
0.02%$0.00000042
0.49%$0.00790771
-10.84%$1.67
2.66%$1.084
-0.06%$0.999948
0.02%$0.424076
-8.66%$3.39
-2.60%$0.04224343
-0.49%$0.078367
-3.39%$1,845.57
0.16%$0.087553
-2.54%$1,967.60
0.26%$0.402539
7.07%$0.236671
-2.50%$0.00558021
21.35%$0.189638
-1.37%$1.43
1.88%$1,847.01
0.24%$41.47
2.72%$33.61
1.70%$0.03676449
-2.11%$22.13
1.57%$1.00
0.18%$1,836.48
-0.33%$0.560383
-1.37%$0.374323
-3.20%$0.00412728
-0.23%$0.131772
-0.95%$0.00006332
1.87%$0.0178393
0.77%$0.819308
-0.68%$0.306294
2.87%$1,881.19
-0.12%$1.00
-0.03%$0.738568
5.29%$0.730842
-1.47%$0.32836
17.08%$0.99948
-0.06%$0.999923
-0.01%$0.999847
0.02%$96,961.00
0.63%$2.71
-2.28%$0.00297102
0.95%$21.04
4.05%$1,836.56
0.28%$0.239211
-1.20%$0.00000144
-0.72%$113.21
-0.20%$23.83
2.66%$0.03425058
11.19%$0.207924
-1.31%$96,795.00
0.27%$0.486427
-1.49%$0.13594
-4.48%$21.08
-3.00%$0.00311979
8.93%$0.99857
-0.02%$0.999825
-0.04%$1,952.05
-0.27%$3.37
-2.92%$3,235.23
0.01%$0.269175
-1.02%$0.533934
-0.67%$2.81
-1.23%$0.03795378
-0.14%$1,949.80
0.45%$3.19
3.54%$15.69
-1.75%$1.097
0.02%$0.970496
-1.51%$0.00340372
-2.36%$0.01299822
-1.08%$0.108261
-2.74%$0.00244185
-8.82%$2,024.90
0.09%$97,077.00
0.50%$2,012.43
0.26%$0.00000062
-1.34%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.
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
