Cryptocurrency Q&A

alexander_jackson_athlete Sat Mar 30 2024 | 6 answers 1352

I'm a bit confused. I've been hearing a lot about cryptocurrency and how it's the new frontier of finance, but when I tried to use my debit card to buy some, I was told it wasn't allowed. Can you explain why I can't use my debit card for crypto? Is it a risk issue? Or is it just because the banks don't want to get involved? I mean, it's just a card, why can't I use it to buy digital currency like I can use it to buy anything else?

KimonoElegance Sat Mar 30 2024 | 7 answers 2064

I'm interested in the cryptocurrency industry and am considering Portugal as a potential hub for my operations. Could you please tell me if Portugal is considered a crypto-friendly country? What specific policies or regulations does the government have in place to support the crypto industry? Are there any tax incentives or other advantages for crypto-related businesses in Portugal? Thank you for your help.

CherryBlossomBloom Sat Mar 30 2024 | 5 answers 800

As a UK resident, I'm interested in investing in cryptocurrency but I'm not sure where to start. What's the most reliable and secure way to buy crypto in the UK? Are there any specific platforms or exchanges that you would recommend? Are there any legal considerations or regulations I should be aware of before making a purchase? And what's the best way to manage and store my crypto assets safely?

GeishaMelodious Sat Mar 30 2024 | 7 answers 1236

Excuse me, I'm somewhat new to the world of cryptocurrency investing. Could you please enlighten me on a matter related to taxation? I understand that crypto investments can be volatile, and I've unfortunately incurred some losses. My question is, how far back in time can I claim these losses when it comes to tax filings? I'm aware that there are specific rules and regulations, but I'd appreciate a more detailed explanation. Thank you for your time.

SakuraDance Sat Mar 30 2024 | 6 answers 1352

I've been hearing a lot about Portugal's crypto-friendly policies and how they're becoming a hub for cryptocurrency activity. I'm really interested in moving there and wondering if it's a good idea to relocate for the purpose of avoiding crypto taxes in my current country. Do you think it's feasible to do so? And if so, what are some things I should consider or be aware of before making the move? I'm particularly interested in the legalities surrounding crypto in Portugal and if there are any specific tax benefits or incentives for crypto investors. Could you provide some insight or advice on this matter?