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Breaking News: Backpack Acquires FTX EU, Revolutionizing European Crypto Trading In a strategic move, Backpack, known for its crypto wallet and exchange services, has acquired FTX EU and its MiFID II License for $32.7 million. This acquisition marks Backpack's entry into the regulated European market, promising to return customer funds from FTX's estate and introduce new trading products like spot, margin, and futures, including crypto perpetuals. Backpack, founded by former FTX and Alameda employees, aims to bring trust and innovation back to European crypto trading, especially after FTX's collapse. This development is poised to reshape the crypto landscape, offering regulated trading options and potentially attracting cautious investors back to the market. #ftx #Europe
Breaking News: Backpack Acquires FTX EU, Revolutionizing European Crypto Trading

In a strategic move, Backpack, known for its crypto wallet and exchange services, has acquired FTX EU and its MiFID II License for $32.7 million. This acquisition marks Backpack's entry into the regulated European market, promising to return customer funds from FTX's estate and introduce new trading products like spot, margin, and futures, including crypto perpetuals.

Backpack, founded by former FTX and Alameda employees, aims to bring trust and innovation back to European crypto trading, especially after FTX's collapse. This development is poised to reshape the crypto landscape, offering regulated trading options and potentially attracting cautious investors back to the market.
#ftx #Europe
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#Ripple 🤝 SWIFT $XRP HOLDERS WILL NEVER WORK AGAIN IN THEIR LIVES 🔜 xrp WILL ACT AS#CURRENCYON THE SWIFT MESSAGING SYSTEM. ISO20022 🤝 SWIFT 🤝RIPPLE 🔥#SwiftMOVES 25 TRILLION IN DAILY VOLUME.#xrp#RLUSD xrp ​​SYSTEM TAKEOVER 🚀 AT THE SAME TIME #EUROPE EXCLUDES #USDT TO PRIVILEGE THE USE OF RIPPLE'S RLUSD.. HOLD ON FOR SOMETHING NEVER SEEN BEFORE (because I haven't even mentioned the favorable end of the trial against #SEC 😉) $XRP #XRPCommunity
#Ripple 🤝 SWIFT
$XRP HOLDERS WILL NEVER WORK AGAIN IN THEIR LIVES 🔜
xrp WILL ACT AS#CURRENCYON THE SWIFT MESSAGING SYSTEM. ISO20022 🤝 SWIFT 🤝RIPPLE 🔥#SwiftMOVES 25 TRILLION IN DAILY VOLUME.#xrp#RLUSD xrp ​​SYSTEM TAKEOVER 🚀
AT THE SAME TIME #EUROPE EXCLUDES #USDT TO PRIVILEGE THE USE OF RIPPLE'S RLUSD.. HOLD ON FOR SOMETHING NEVER SEEN BEFORE (because I haven't even mentioned the favorable end of the trial against #SEC 😉)
$XRP #XRPCommunity
𝗨𝗦𝗗𝗧 𝗦𝗛𝗢𝗪𝗦 𝗜𝗧'𝗦 𝗦𝗧𝗥𝗢𝗡𝗚 𝗛𝗔𝗡𝗗 💪🏻 Despite MiCA delistings in #Europe , demand for $USDT remains strong. Its market cap has dropped by $2 billion, but reserves are increasing, reflecting steady demand. #USDT 's trading volume exceeds that of the top 10 cryptocurrencies, underscoring its market influence and resilience in shaping the future of #Stablecoins 💪🏻
𝗨𝗦𝗗𝗧 𝗦𝗛𝗢𝗪𝗦 𝗜𝗧'𝗦 𝗦𝗧𝗥𝗢𝗡𝗚 𝗛𝗔𝗡𝗗 💪🏻

Despite MiCA delistings in #Europe , demand for $USDT remains strong. Its market cap has dropped by $2 billion, but reserves are increasing, reflecting steady demand.

#USDT 's trading volume exceeds that of the top 10 cryptocurrencies, underscoring its market influence and resilience in shaping the future of #Stablecoins 💪🏻
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Investors alert: the digital dollar loses one-to-one parity with the greenback.Experts are considering whether there is reason to worry about the future of the leading stablecoin. USDT has already experienced other crises from which it was able to emerge unscathed. Tether, the company that issues USDT, the world's leading crypto dollar, is going through difficult times after registering a significant decrease of US$2 billion in its market capitalization during the month of December. The fall comes amid uncertainty over the entry into force of the European Union's new Markets in Cryptoassets (MiCA) regulation, which came into force on December 30.

Investors alert: the digital dollar loses one-to-one parity with the greenback.

Experts are considering whether there is reason to worry about the future of the leading stablecoin. USDT has already experienced other crises from which it was able to emerge unscathed.

Tether, the company that issues USDT, the world's leading crypto dollar, is going through difficult times after registering a significant decrease of US$2 billion in its market capitalization during the month of December.

The fall comes amid uncertainty over the entry into force of the European Union's new Markets in Cryptoassets (MiCA) regulation, which came into force on December 30.
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I have a question about the elimination of USDT in Europe, if I bought all my coins with USDT can I then sell or convert them to USDC? Or how should I handle this change? Thank you #usdt #europe
I have a question about the elimination of USDT in Europe, if I bought all my coins with USDT can I then sell or convert them to USDC? Or how should I handle this change? Thank you #usdt #europe
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Impact of MiCA Regulations on the Price and Liquidity of USDT in the European Union The imminent implementation of the Regulation on Markets in Crypto-assets (MiCA) in the European Union, scheduled for December 30, 2024, introduces strict regulations for stablecoins like USDT. These regulations require that stablecoins be fully backed by reserves equivalent to the value of the issued tokens, held in EU financial institutions, and that they provide transparency and regular audits.  In light of these requirements, some exchange platforms have taken preventive measures. For example, Coinbase has decided to temporarily withdraw USDT from its services in Europe, citing the need to comply with MiCA.  However, other platforms like Binance and Crypto.com continue to offer USDT in their European markets, awaiting greater regulatory clarity. The possible exclusion of USDT in the EU could affect its liquidity and trading volume in the region, which, in theory, could influence its price. Nevertheless, it is important to highlight that USDT is a stablecoin designed to maintain a constant parity with the US dollar. Its value is backed by equivalent reserves, allowing it to maintain its stability even in the face of regulatory changes in specific markets. Furthermore, the cryptocurrency market is global, and the demand for USDT in other regions could offset any decline in Europe. Therefore, although the new MiCA regulations could generate uncertainty and temporarily affect the liquidity of USDT in the EU, it is unlikely to cause a significant drop in its price globally. #crypto #europe #usdt #mica #tether
Impact of MiCA Regulations on the Price and Liquidity of USDT in the European Union

The imminent implementation of the Regulation on Markets in Crypto-assets (MiCA) in the European Union, scheduled for December 30, 2024, introduces strict regulations for stablecoins like USDT. These regulations require that stablecoins be fully backed by reserves equivalent to the value of the issued tokens, held in EU financial institutions, and that they provide transparency and regular audits. 

In light of these requirements, some exchange platforms have taken preventive measures. For example, Coinbase has decided to temporarily withdraw USDT from its services in Europe, citing the need to comply with MiCA.  However, other platforms like Binance and Crypto.com continue to offer USDT in their European markets, awaiting greater regulatory clarity.

The possible exclusion of USDT in the EU could affect its liquidity and trading volume in the region, which, in theory, could influence its price. Nevertheless, it is important to highlight that USDT is a stablecoin designed to maintain a constant parity with the US dollar. Its value is backed by equivalent reserves, allowing it to maintain its stability even in the face of regulatory changes in specific markets.

Furthermore, the cryptocurrency market is global, and the demand for USDT in other regions could offset any decline in Europe. Therefore, although the new MiCA regulations could generate uncertainty and temporarily affect the liquidity of USDT in the EU, it is unlikely to cause a significant drop in its price globally.

#crypto #europe #usdt #mica #tether
🚨 USDT Ban in Europe: 4 Days Left! 🚨 Europe is cracking down on USDT! 🛑 In a major regulatory shift, USDT will be banned in Europe in just 4 days. What Does This Mean for You? Time to Act: ⏳ Convert your USDT holdings to other stablecoins (USDC, EURS, etc.) or withdraw funds immediately. Regulatory Concerns: ⚠️ This ban highlights growing concerns about stablecoin regulation and the need for greater transparency. Key Takeaways: Prepare for Change:🔄 The crypto landscape is constantly evolving. Stay informed about the latest regulations. Diversify Your Portfolio: 💼 Diversify your holdings to minimize risk and adapt to changing market conditions. Disclaimer: ⚠️ This is a hypothetical scenario. Always verify information from official sources and consult with a financial advisor before making any investment decisions. #USDT #Europe #CryptoRegulation2025 #MarketRebound #BinanceLaunchpoolBIO
🚨 USDT Ban in Europe: 4 Days Left! 🚨

Europe is cracking down on USDT! 🛑 In a major regulatory shift, USDT will be banned in Europe in just 4 days.

What Does This Mean for You?

Time to Act:
⏳ Convert your USDT holdings to other stablecoins (USDC, EURS, etc.) or withdraw funds immediately.

Regulatory Concerns:
⚠️ This ban highlights growing concerns about stablecoin regulation and the need for greater transparency.

Key Takeaways:

Prepare for Change:🔄 The crypto landscape is constantly evolving. Stay informed about the latest regulations.

Diversify Your Portfolio: 💼 Diversify your holdings to minimize risk and adapt to changing market conditions.

Disclaimer: ⚠️ This is a hypothetical scenario. Always verify information from official sources and consult with a financial advisor before making any investment decisions.

#USDT #Europe #CryptoRegulation2025 #MarketRebound #BinanceLaunchpoolBIO
BREAKING:-USDT will be illegal in the next 4 days in Europe!Are you prepared?🚨BREAKING:-USDT Set to Become Illegal in Europe in 4 Days! Are You Prepared? 🚨 In a shocking move, authorities in Europe are set to enforce new regulations that will render Tether (USDT), the world's largest stablecoin by market capitalization, illegal in just 4 days. This unprecedented decision has sent ripples through the crypto community, with traders, investors, and companies scrambling to adjust. What Does This Mean for USDT Holders? Tether has long been a go-to stablecoin for crypto enthusiasts, offering a pegged value of 1:1 with the US dollar. Its widespread use in trading, remittances, and as a store of value has made it a cornerstone of the global crypto ecosystem. However, under these new European regulations, the use of USDT in any form—whether for transactions, investments, or other financial activities—will be prohibited. Why Is This Happening? The regulatory shift comes in response to growing concerns over the potential for stablecoins like USDT to disrupt traditional financial systems. European regulators have cited issues around transparency, consumer protection, and money laundering risks as key drivers behind the ban. The decision reflects Europe’s increasingly stringent stance on cryptocurrency regulation, as the region looks to balance innovation with financial stability. What Are Your Options? For those in Europe holding USDT, the clock is ticking. It’s essential to take action before the ban goes into effect. Here are a few options to consider: Convert USDT to Other Cryptos: If you’re actively using USDT, consider converting it into other cryptocurrencies, such as Bitcoin or Ethereum, before the deadline. Switch to Other Stablecoins: Stablecoins like USDC (USD Coin) and EURS (Euro Tether) may remain legal and viable alternatives in Europe, offering similar benefits with regulatory compliance. Withdraw Funds: If you're not ready to make a move yet, it may be wise to withdraw your funds to a regulated exchange or even a traditional bank account before the enforcement deadline. What Happens After the Ban? Once the ban is enforced, holding or transacting in USDT will likely carry heavy penalties, including fines or restrictions on your crypto assets. The legal ramifications could affect both individuals and businesses that deal in USDT within European jurisdictions. Is This a Sign of Things to Come? This move by European regulators is part of a broader trend of tightening cryptocurrency regulations globally. While the future of USDT in Europe hangs in the balance, it serves as a wake-up call to other crypto holders around the world. Stay informed, monitor upcoming regulations, and be prepared to adapt as the regulatory landscape evolves. Are you prepared for the end of USDT in Europe? The clock is ticking. ⏳ Stay tuned for more updates on this breaking news as the deadline approaches. Note:- Follow me if you like my articles or post Thank you 🙂 ❣️ Disclaimer: This article is for informational purposes only. Always conduct independent research and consult with a financial advisor before investing in any crypto currency. Crypto currencies are inherently volatile, and investments carry risks. Disclaimer: Crypto currencies are highly volatile and speculative assets. Investing in crypto currencies involves significant risk, including the potential loss of your entire investment. It is important to do your own research and consult with a financial advisor before making any investment decisions. #bitcoin #USDT #Europe #usdtnews #BTC☀️ $BTC {spot}(BTCUSDT) $USDC {spot}(USDCUSDT) $USDP {spot}(USDPUSDT)

BREAKING:-USDT will be illegal in the next 4 days in Europe!Are you prepared?

🚨BREAKING:-USDT Set to Become Illegal in Europe in 4 Days! Are You Prepared? 🚨
In a shocking move, authorities in Europe are set to enforce new regulations that will render Tether (USDT), the world's largest stablecoin by market capitalization, illegal in just 4 days. This unprecedented decision has sent ripples through the crypto community, with traders, investors, and companies scrambling to adjust.
What Does This Mean for USDT Holders?
Tether has long been a go-to stablecoin for crypto enthusiasts, offering a pegged value of 1:1 with the US dollar. Its widespread use in trading, remittances, and as a store of value has made it a cornerstone of the global crypto ecosystem. However, under these new European regulations, the use of USDT in any form—whether for transactions, investments, or other financial activities—will be prohibited.
Why Is This Happening?
The regulatory shift comes in response to growing concerns over the potential for stablecoins like USDT to disrupt traditional financial systems. European regulators have cited issues around transparency, consumer protection, and money laundering risks as key drivers behind the ban. The decision reflects Europe’s increasingly stringent stance on cryptocurrency regulation, as the region looks to balance innovation with financial stability.
What Are Your Options?
For those in Europe holding USDT, the clock is ticking. It’s essential to take action before the ban goes into effect. Here are a few options to consider:
Convert USDT to Other Cryptos: If you’re actively using USDT, consider converting it into other cryptocurrencies, such as Bitcoin or Ethereum, before the deadline.
Switch to Other Stablecoins: Stablecoins like USDC (USD Coin) and EURS (Euro Tether) may remain legal and viable alternatives in Europe, offering similar benefits with regulatory compliance.
Withdraw Funds: If you're not ready to make a move yet, it may be wise to withdraw your funds to a regulated exchange or even a traditional bank account before the enforcement deadline.
What Happens After the Ban?
Once the ban is enforced, holding or transacting in USDT will likely carry heavy penalties, including fines or restrictions on your crypto assets. The legal ramifications could affect both individuals and businesses that deal in USDT within European jurisdictions.
Is This a Sign of Things to Come?
This move by European regulators is part of a broader trend of tightening cryptocurrency regulations globally. While the future of USDT in Europe hangs in the balance, it serves as a wake-up call to other crypto holders around the world. Stay informed, monitor upcoming regulations, and be prepared to adapt as the regulatory landscape evolves.
Are you prepared for the end of USDT in Europe? The clock is ticking. ⏳
Stay tuned for more updates on this breaking news as the deadline approaches.
Note:- Follow me if you like my articles or post Thank you 🙂 ❣️
Disclaimer:
This article is for informational purposes only. Always conduct independent research and consult with a financial advisor before investing in any crypto currency. Crypto currencies are inherently volatile, and investments carry risks.
Disclaimer: Crypto currencies are highly volatile and speculative assets. Investing in crypto currencies involves significant risk, including the potential loss of your entire investment. It is important to do your own research and consult with a financial advisor before making any investment decisions.

#bitcoin #USDT #Europe #usdtnews #BTC☀️ $BTC
$USDC
$USDP
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Hello guy! It’s Crypto Mommy here and welcome to my page, please don’t be afraid to ask me anything and your support on the page means a lot to me, please follow the page and interact with the posts, i post 24\7 mommy got you all with the latest updates... thanks ☺️ ❤️❤️❤️❤️❤️🚀 #Europe #USDT #BANUSDT #Eu $BNB $usdt {spot}(BNBUSDT)
Hello guy! It’s Crypto Mommy here and welcome to my page, please don’t be afraid to ask me anything and your support on the page means a lot to me, please follow the page and interact with the posts, i post 24\7 mommy got you all with the latest updates... thanks ☺️ ❤️❤️❤️❤️❤️🚀 #Europe #USDT #BANUSDT #Eu $BNB $usdt
Quoted content has been removed
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Crypto: Europe is playing it safe, but at what cost compared to the United States?🇪🇺🇺🇲 Europe has officially adopted a strict regulatory framework to regulate the crypto-asset market. The goal? To protect investors, prevent abuse and ensure financial stability. But this ambitious approach is not without risk: by focusing on security, Europe could slow down innovation and see the United States take a decisive lead in this strategic sector. On the other side of the Atlantic, regulation remains more flexible, leaving more room for experimentation and rapid growth of crypto companies. As a result, Europe risks finding itself in a follower position, while the crypto market becomes a major economic and technological issue. The challenge is clear: finding the right balance between security and competitiveness to avoid letting an industry with immense prospects slip away. #Europe #usa
Crypto: Europe is playing it safe, but at what cost compared to the United States?🇪🇺🇺🇲

Europe has officially adopted a strict regulatory framework to regulate the crypto-asset market. The goal? To protect investors, prevent abuse and ensure financial stability. But this ambitious approach is not without risk: by focusing on security, Europe could slow down innovation and see the United States take a decisive lead in this strategic sector.

On the other side of the Atlantic, regulation remains more flexible, leaving more room for experimentation and rapid growth of crypto companies. As a result, Europe risks finding itself in a follower position, while the crypto market becomes a major economic and technological issue.

The challenge is clear: finding the right balance between security and competitiveness to avoid letting an industry with immense prospects slip away.
#Europe
#usa
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How Europe Will Monitor Your Crypto Transactions Starting December 30, 2024: What You Need to KnowStarting December 30, 2024, a major change is coming to the world of cryptocurrencies in Europe. With the entry into force of the MiCA regulations, the TFR (Transfer of Funds Regulation) will also be applied. Here is a breakdown of what will change. What is TFR? The TFR aims to strengthen the fight against money laundering and the financing of terrorism. This involves increased monitoring of cryptocurrency transactions. The idea? To require exchange platforms to collect and transmit personal information during transfers of digital assets.

How Europe Will Monitor Your Crypto Transactions Starting December 30, 2024: What You Need to Know

Starting December 30, 2024, a major change is coming to the world of cryptocurrencies in Europe. With the entry into force of the MiCA regulations, the TFR (Transfer of Funds Regulation) will also be applied. Here is a breakdown of what will change.

What is TFR?

The TFR aims to strengthen the fight against money laundering and the financing of terrorism. This involves increased monitoring of cryptocurrency transactions. The idea? To require exchange platforms to collect and transmit personal information during transfers of digital assets.
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🇪🇺 Tether is keeping pace with MiCA! 💶 Tether has invested in StablE, a stablecoin issuer that is already compliant with the European MiCA regulation. 🛡️ This is an important step to maintain its position in Europe, where the rules of the game are changing before our eyes. ⚡ Recall that Coinbase recently delisted USDT in Europe because it did not comply with the new MiCA requirements. 🔑 Why is this important? MiCA (Markets in Crypto-Assets) are strict but clear rules that will regulate the crypto market in the EU. Investing in StablE is a smart move to adapt and maintain user trust. 🚀 Conclusion: The war for the stablecoin market in Europe has just begun! 💥 USDT is not giving up, and time will tell what happens next. What do you think? 💬 Should Tether urgently update its standards? #Tether #Stablecoin #CryptoNews #Europe #MiCA #Regulation
🇪🇺 Tether is keeping pace with MiCA! 💶

Tether has invested in StablE, a stablecoin issuer that is already compliant with the European MiCA regulation. 🛡️ This is an important step to maintain its position in Europe, where the rules of the game are changing before our eyes.

⚡ Recall that Coinbase recently delisted USDT in Europe because it did not comply with the new MiCA requirements.

🔑 Why is this important?

MiCA (Markets in Crypto-Assets) are strict but clear rules that will regulate the crypto market in the EU.

Investing in StablE is a smart move to adapt and maintain user trust. 🚀

Conclusion: The war for the stablecoin market in Europe has just begun! 💥 USDT is not giving up, and time will tell what happens next.

What do you think? 💬 Should Tether urgently update its standards?

#Tether
#Stablecoin
#CryptoNews
#Europe
#MiCA
#Regulation
Euro Goes Digital: MONEI's EURM Stablecoin Ushers in a New Era Under Central Bank Watch Spanish fintech MONEI has launched a EURM euro stablecoin pilot under the Bank of Spain's supervision. The pilot aims to provide a digital alternative to fiat, enhancing transaction efficiency and security. MONEI collaborates with the central bank to align with regulations and address digital currency risks. [Create A Binance Account](undefined) #Write2Earn #europe #monei #EURM
Euro Goes Digital: MONEI's EURM Stablecoin Ushers in a New Era Under Central Bank Watch

Spanish fintech MONEI has launched a EURM euro stablecoin pilot under the Bank of Spain's supervision. The pilot aims to provide a digital alternative to fiat, enhancing transaction efficiency and security. MONEI collaborates with the central bank to align with regulations and address digital currency risks.

[Create A Binance Account](undefined)

#Write2Earn #europe #monei #EURM
There goes all financial FREEDOM in EUROPE !! 🤬😡😤 Any cash payment above €10,000 will become illegal, while also anonymous cash payments above €3,000. Payments made in cryptocurrencies will be prohibited through unidentified wallets. This includes any self-custody wallet provided by mobile, desktop, or browser applications. I thought that anonymous payments are a fundamental human right, needed to achieve individual financial freedom. Prohibiting sovereign payments will have negative economic and social effects! This is worse than a social credit system!! #TradeNTell #Write2Earn #CryptoNews🚀 🔥 #europe #PiNetwok
There goes all financial FREEDOM in EUROPE !! 🤬😡😤

Any cash payment above €10,000 will become illegal, while also anonymous cash payments above €3,000.

Payments made in cryptocurrencies will be prohibited through unidentified wallets. This includes any self-custody wallet provided by mobile, desktop, or browser applications.
I thought that anonymous payments are a fundamental human right, needed to achieve individual financial freedom. Prohibiting sovereign payments will have negative economic and social effects!

This is worse than a social credit system!!
#TradeNTell #Write2Earn #CryptoNews🚀 🔥 #europe #PiNetwok
Unfortunately, Europe is taking away financial autonomy! 😤 Any cash transaction exceeding €10,000 will be illegal, and cash payments exceeding €3,000 will also require identification. Additionally, payments made with cryptocurrencies from anonymous wallets will be prohibited, including those from mobile, desktop, or browser apps. This violates the fundamental human right to anonymous transactions, essential for achieving individual financial liberty. Prohibiting these transactions will have adverse economic and social consequences, resembling a social credit system! #TradeNTell #Write2Earn #CryptoNews🚀🔥 #europe #PiNetwok
Unfortunately, Europe is taking away financial autonomy! 😤 Any cash transaction exceeding €10,000 will be illegal, and cash payments exceeding €3,000 will also require identification.

Additionally, payments made with cryptocurrencies from anonymous wallets will be prohibited, including those from mobile, desktop, or browser apps.

This violates the fundamental human right to anonymous transactions, essential for achieving individual financial liberty.

Prohibiting these transactions will have adverse economic and social consequences, resembling a social credit system! #TradeNTell #Write2Earn #CryptoNews🚀🔥 #europe #PiNetwok
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There goes all financial FREEDOM in EUROPE !! Any cash payment above €10,000 will become illegal, while also anonymous cash payments above €3,000. Payments made in cryptocurrencies will be prohibited through unidentified wallets. This includes any self-custody wallet provided by mobile, desktop, or browser applications. #europe #Write2Earn‬BTC #CryptoNews🚀🔥
There goes all financial FREEDOM in EUROPE !!
Any cash payment above €10,000 will become illegal, while also anonymous cash payments above €3,000.
Payments made in cryptocurrencies will be prohibited through unidentified wallets. This includes any self-custody wallet provided by mobile, desktop, or browser applications. #europe #Write2Earn‬BTC #CryptoNews🚀🔥
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🌍 Europe vs USA: Cryptocurrency Taxation — Where is it More Advantageous? 🔥 Europe: Each country in the EU has its own rules. 🇩🇪 In Germany, it's simple: hold crypto for more than a year — tax 0%, but in other cases, rates can reach 45%. 🇮🇹 In Italy, a 26% tax is imposed on profits above €2000, with plans to increase it to 28%. 🇪🇸 Spain charges from 19% to 28%, while miners pay up to 47%. 🇵🇹 Portugal is a paradise for businesses, but not for investors: taxes can go up to 53%. 🇨🇿 The Czech Republic has removed taxes for those who held Bitcoin for more than three years! 💡 Conclusion: The EU is actively regulating, but there are loopholes for long-term investors. 🇺🇸 USA: Here, taxes depend on how long you held the assets. If less than a year, pay up to 37%, more than a year — a maximum of 20%. Miners and stakers are taxed on income. Gifts and purchases of crypto — no tax, but a report is still needed for sales! 🤔 United Kingdom: Sales, exchanges, and using crypto for payments are taxed up to 45%, but the first £3000 is tax-free. Transferring crypto between your own wallets or gifts to a partner — also tax-free. #crypto #taxes #cryptonews #Europe #USA #UK
🌍 Europe vs USA: Cryptocurrency Taxation — Where is it More Advantageous?

🔥 Europe:
Each country in the EU has its own rules.

🇩🇪 In Germany, it's simple: hold crypto for more than a year — tax 0%, but in other cases, rates can reach 45%.

🇮🇹 In Italy, a 26% tax is imposed on profits above €2000, with plans to increase it to 28%.

🇪🇸 Spain charges from 19% to 28%, while miners pay up to 47%.

🇵🇹 Portugal is a paradise for businesses, but not for investors: taxes can go up to 53%.

🇨🇿 The Czech Republic has removed taxes for those who held Bitcoin for more than three years!

💡 Conclusion: The EU is actively regulating, but there are loopholes for long-term investors.

🇺🇸 USA:
Here, taxes depend on how long you held the assets.

If less than a year, pay up to 37%, more than a year — a maximum of 20%.

Miners and stakers are taxed on income.

Gifts and purchases of crypto — no tax, but a report is still needed for sales!

🤔 United Kingdom:

Sales, exchanges, and using crypto for payments are taxed up to 45%, but the first £3000 is tax-free.

Transferring crypto between your own wallets or gifts to a partner — also tax-free.

#crypto #taxes #cryptonews #Europe #USA #UK
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