Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1849. (Read 26609569 times)

Yes since 2023, it's now taxed in Portugal if you hold for less than 1 year (until 2022 was tax free, even less than 1 year).

Exactly, it's similar as Germany. However Portugal has one more huge advantage : NHR (non habitual resident) tax-scheme.  You get this statut for 10years you are tax free on your foreign income (dividends, interests, royalties). Kind of temporary "territorial tax scheme".

Until 2022 private foreign pensions (for retired people) was tax free too under this scheme. Now it's taxed 10% due to other EU countries pressure (for the new applicants).

All of this happened in TWO weeks. BTCBTC
https://twitter.com/TheBTCTherapist/status/1674040230091935746?t=2W_xq2BWb69kPoG3A2Tk8g&s=19

Not sure. The French as a people definitely have a short fuse.

Resume

Bull

Mode

The question that people still aren't asking is, "Why are financial institutions filing for Bitcoin spot ETFs now, and not years ago?" and "Why is the SEC entertaining these now? Why not years ago?" "What's going on that they (i.e. Blackrock, Fidelity, etc.) suddenly care about this market?"

The answer is simple: timing.

Just wait until the equities market shitshow that hits early NEXT year. The spot ETFs will have already been greenlighted and approved by the SEC near the end of THIS year. Then it will all suddenly make sense to everyone (in hindsight, of course).

these cool ledger devices.. such a joy

IMO this surprising decision by the SEC actually means that these proposals will be accepted in the end. A bit of logical analysis is needed here. The main concern is that the SEC is only looking for excuses not to allow spot ETFs. There are plenty of reasons for this. In that case, they would not have done so. They would take their time and re-announce a whole list of problems that cannot be solved. Then it wouldn't matter if Blackrock et al.  named the spot exchange and what the details of the surveilance agreement were. The fact that they want these details is something well known to those who write articles and submit to journals. This implies that the article will be accepted if the author corrects the errors and omissions! Logically, this means that if Blackrock et al. provide the necessary information which satisfies the requirements in principle, the proposals will be accepted! I thnk that now the demand for regulated Bitcoin trade via ETF's is so strong in USA, that the time for excuses from the SEC has passed.

P.S. It seems that BTCsessions and I are on the same page:

Every other ETF: SEC sits on hands and extends deadlines until they must respond, then rejects them.

SEC to BlackRock after like 2 mins: "Hey buddy, looks like your application is not quite adequate. Here's some hot tips so that everything goes perfectly for ya!"
https://twitter.com/BTCsessions/status/1674782661108445185

With all we've been finding out, it's far from unlikely.

I got the exact same mail myself yesterday

 Dammit!  It seems like something bad is brewing at Twitter as well.  I'm being coerced to sign up in order to view the content but I've only ever wanted to be a passive listener; guess I'm done with Twitter now too (for the second time).  Oh well, it happened before; I guess I should have expected it.
 
 France is always in some sort of turmoil but the protests seem to be getting more and more violent.   I wonder if this isn't instigated by the west for France's position on keeping an open diplomatic channel with Russia after the Russian army entered Ukraine or maybe for openly calling out NATO as brain-dead.