- Portugal offers good benefits to crypto workers
- Portugal welcome crypto assets with arms wide open
The crypto world continues to be recognized by many countries around the world. Portugal is one of the countries that now are in need of a workforce that primarily focuses on crypto and blockchain developments. The country has done this action to recover from the damages inflicted by the Coronavirus.
This made Tomaž Štolfa, a Twitter icon, react in a tweet post:
In the tweet posted by Tomaž Štolfa he stated the perks and benefits that Portugal is offering to all the people interested in working in the country. These perks include zero percent of foreign taxable income and zero percent tax on any crypto transactions, to name a few. Indeed, this kind of benefit attracts a lot of interested workers and investors around the world.
On the other hand, aside from Portugal, other countries in the world embrace crypto to the fullest. For example, the country of El Salvador is the first country in the world to make Bitcoin a legal tender in their homeland. As a result, there are more people now in their country who can transfer funds across borders without any traditional financial systems involved.
At the time of writing, Bitcoin, the king of crypto assets, trades at a bullish price of over $66k per crypto. In addition, it has a market cap of almost $1.25 trillion. This huge market cap helps Bitcoin to be the number one virtual asset in the crypto market.
