Key highlights: The Czech Republic has moved to ban Polymarket, designating it as an unauthorized internet game ISPs have 15 days to geo-restrict the platform for residents in the country The FIFA World Cup has sent trading on prediction marketplaces to sky-high volumes The Czech Ministry of Finance has added Polymarket to a list of […]
Tag: Belgium
By Peter Wind NFTs have turned from a niche product for hardcore cryptocurrency enthusiasts to a lucrative market with hundreds of millions of dollars changing hands on a daily basis. But where there’s profits to be made, there’s usually also taxes to be paid, and this also holds true for NFTs in most jurisdictions around […]
By Peter Wind Cryptocurrency is now a mainstream form of investment, and most governments around the globe have woken up to the fact that many people are making substantial profits trading and investing in crypto. Therefore, gains from cryptocurrency investing are typically taxed, although the details, of course, vary from country to country. Thankfully, reporting […]