Category: Hungary

Artists Plan to Erect a Bronze Satoshi Nakamoto Statue in Budapest to Honor Bitcoin’s Creator

Artists Plan to Erect a Bronze Satoshi Nakamoto Statue in Budapest to Honor Bitcoin’s Creator

Hungary plans to be the first country in the world to erect a statue of Satoshi Nakamoto, as a life-size bronze bust of Bitcoin’s creator will be displayed in Budapest. The bronze bust design is being constructed by two sculptors, Tamás Gilly and Réka Gergely. A Reflective and Hooded Bronze Bust of Satoshi Nakamoto to […]

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Hungary to Cut Tax on Crypto Profits in Half, Down to 15%

Hungary to Cut Tax on Crypto Profits in Half, Down to 15%

The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with the move. Tax Cut to Attract Cryptocurrency Traders to Hungary […]

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Just In: Hungary to Reduce Tax on Crypto Gains by 50%

Hungary is going to cut the tax rates on crypto earnings by 50% starting next year in a bid to boost crypto adoption and use in the country. The announcement was made by the Mihály Varga, Minister of Finance earlier today. *HUNGARY TO CUT TAX ON CRYPTOCURRENCY EARNINGS BY 50% FROM 2022 — *Walter Bloomberg […]

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Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations

Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations

If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance quite rapidly. While a few analysts believe the […]

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