Czech Republic Eliminates Capital Gains Tax on Bitcoin Held Over Three Years, Prohibits Bank Discrimination

The Czech Republic has officially eliminated the capital gains tax on Bitcoin held for more than three years, following a unanimous decision by its parliament. This new legislation, which also prohibits banks from discriminating against Bitcoin businesses, marks a significant shift in the country’s approach to cryptocurrency. The law is expected to encourage long-term investment in Bitcoin and support the growth of the crypto sector within the nation. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant