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RE: LeoThread 2025-02-07 13:28

in LeoFinance8 months ago

Czech president signs law exempting capital gains taxes on crypto held for three years

The Czech Republic has exempted crypto holdings from capital gains if held for more than 3 years, with retroactive application to assets purchased before 2025. The tax reform aligns with the European Union's Markets in Crypto Assets (MiCA) framework, which has generally been seen as controversial, though the country has been routinely introducing crypto-friendly initiatives. The National Bank previously proposed to allocate 5% of its €140 billion reserves to Bitcoin.

#technology #czechrepublic #crypto #regulations