Malta: Crypto-Friendly Laws 🟡 Hamster Academy #crypto #cryptocurrency #money

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Hey Hamsters! Did you know that you can get a passport for Bitcoins? And that there are places where it’s perfectly legal not to pay taxes on your crypto? From the waves of the Atlantic Ocean to Mediterranean waves to Central American heat – here are the countries that will welcome you along with your peanuts and crypto assets. First, we explore Switzerland, known as Crypto Valley. Switzerland categorizes cryptocurrencies as assets, not securities, allowing individuals to avoid paying taxes on their holdings. Next, we head to El Salvador, the first country to accept Bitcoin as legal tender in 2021. Here, you can even get a Salvadoran passport by paying $1 million in BTC! Then, we visit Malta, the Blockchain Island, famous for its crypto-friendly laws and tax benefits. Portugal, a European crypto hub since 2016, offers zero capital gains tax on crypto held for over a year for residents. Subscribe to Hamster Kombat for more exciting crypto content! 🚀📈

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#hamsterkombat #hamsteracademy #crypto #cryptocurrency #crypto101 #cryptoexplained #cryptocurrencyexplained #cryptoforbeginners #cryptoinvesting #cryptotrading #cryptomining #bitcoin #btc #ethereum #eth #blockchain #switzerland #elsalvador #malta #portugal

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