Wow - I just saw this!
Happy Friday - with some cool news if you are from Czech republic!
🚨 The Czech Republic announces ZERO capital gains on Bitcoin & Crypto.
President Peter Pavel signed the new law:
- No cap gains tax on BTC after 3+ years of holding
- A time & value test to support long-term investors
- Pro-Bitcoin regulations for both individuals & businesses
Thanks! My mind was in chess because of todays tournament :)edited as per remark by @shebe
That’s huge wow. Imagine buying Bitcoin, forgetting about it for three years, and then cashing out tax-free. Feels like winning the lottery but legally. Czech Republic just became a crypto paradise, hope this happens everywhere
We are not Chech but Czech republic...
I am so so sorry!!! Editing now!
Thank you.
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https://www.coindesk.com/policy/2025/02/06/czech-republic-to-eliminate-taxes-on-long-term-crypto-gains
I wonder of CZ will have a bunch of Crypto fugitives now 😆
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wow!!
https://inleo.io/threads/view/shebe/re-onealfa-33ba9h7rj?referral=shebe
this is wonderful they're supporting long term investors it'll help more people come in