Bitcoin allocation plan could push Czech Republic ahead of UK, Germany: Bitget CEO
Bitget Exchange CEO Gracy Chen has highlighted key developments in the Czech Republic’s approach to Bitcoin. Chen noted that if the Czech National Bank proceeds with its proposal to allocate 5% of its €140 billion foreign reserves into Bitcoin, the country could become the world’s third-largest Bitcoin (BTC) holder, surpassing nations such as the United […]
Czech Republic passes crypto-friendly law, exempts Bitcoin from capital gains
The Czech Republic has passed legislation exempting Bitcoin and other digital assets from capital gains tax if held for more than three years. President Petr Pavel signed the law, according to BTC Prague, aligning the country’s crypto taxation with traditional securities. The tax exemption applies to individuals and non-business activities, eliminating previous tax disadvantages for […]
Czech Republic might create a BTC reserve ahead of the U.S.
While there is much talk about the U.S. leadership in creating the Strategic BTC reserve, the European countries are not shying away from crypto, either. The Czech Republic will soon decide to create a Bitcoin reserve. Other countries and corporations are piling BTC, too. The Czech Republic to create a BTC reserve The Czech Central […]
