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    QONEQT in Crypto News

    18-Oct-2022 11:00 AM


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    The crypto industry fights regulators in the courts: Law Decoded, Oct. 10–17

    Perhaps one of the most captivating signs of the industry’s maturity is the increasing amount of court cases in which crypto companies fight back against perceived regulatory abuses.
    Last week saw some major advancements in that direction.

    Meanwhile, Ripple CEO Brad Garlinghouse revealed that he expects the long-drawn-out battle between Ripple and the SEC to end in the first half of 2023. “
    Pessimistically, it could be longer than that.”

    The government’s 2023 State Budget document featured a short section addressing the taxation of cryptocurrencies, which, to date, have been untouched by the Portuguese tax authorities, given that digital assets were not recognized as legal tender.

    The State Budget also proposes a 4% taxation fee for free transfers of cryptocurrencies in instances of inheritance, as well as stamp duties on commissions charged by intermediaries involved in the cryptocurrency sector.
    Source: Cointelegraph
    #crypto