Will other countries follow this example?

Will other countries follow this example?

The central theses

  • The Slovak legislator has tuned to reduce income tax on cryptocurrencies in the country.

  • The step could attract more cryptocurrency investors in the country and benefit the wider crypto market.

The Slovak legislator voted for a law that should reduce taxes on the sale of cryptocurrencies. The country's new income tax law aims to reduce the tax burden in connection with the sale of virtual currencies and thus simplify their use in everyday life.

If the new bill is passed, the taxation of cryptocurrency income would be reduced to 7 %. How does the new bill affect the broader cryptocurrency market and could other countries make similar cuts?

What does that mean for Bitcoin and old signals?

The cryptocurrency market has developed excellently since the beginning of the year, with Bitcoin and other leading cryptocurrencies adding more than 40 % during this period.

Bitcoin recently reached the $ 31,000 mark before it went back Price of Bitcoin now at $ 30,617.

If the new law is adopted in Slovakia, it could boost the introduction of cryptocurrencies in the country because more investors could enter the market.

Depending on the success, similar laws of law could also be introduced in other European countries.

Bitcoin could put a rally in short to medium term, which could also have a positive effect on the prices of numerous cryptocurrencies. Old signals could be one of the cryptocurrencies that could benefit from the recovery of the cryptoma market in the coming weeks and months.

as a trade -oriented project Altsignals could benefit from a medium inflow into the cryptocurrency market. Since more and more people are getting into the cryptocurrency market, the acceptance of old signals could increase, and this could lead to an increase in its native token ASI.

Since the advance booking phase will soon end, this could be an excellent time to invest in old signals. It is a niche-oriented cryptocurrency project that could find great acceptance in crypto and foreign exchange dealers.

What is old signals?

old signals is a trading platform that provides trading signals for stocks, foreign exchange, indices, cryptocurrencies and CFDs.

The project is still in the advance booking phase and should soon complete the procurement of funds. The development team has currently applied 96 % of the funds required to develop its products and services. With a target of $ 1,080,000, old signals have collected $ 1,038,697,905.

Asi, the native token of the old signals ecosystem, is currently being sold for 0.015 USDT. However, past events indicate that ASI could rise higher as soon as the team launches its products and the token lists on crypto exchanges.

According to your white paper, the old signal team will use the generated agents to develop Actualizeai, a solution that could make it easier to get into the cryptocurrency trading scene.

AltSignals said that Actualizeai was a fully automatic solution that would work around the clock, which makes it easier for users to trade cryptocurrencies.

Visit the Official old signals-website to learn more about pre-sale.

should you invest in old signals now?

Bitcoin has stayed above the $ 30,000 mark in the last few days. In view of the currently positive market mood and the efforts of Slovakia to lower crypto income tax, this could be an excellent time to invest in cryptocurrencies.

In addition to Bitcoin, some old coins could also benefit from the persistently positive development of the cryptom market. Old signals could be one of the biggest winners as soon as the project starts and its ASI token is available on cryptocurrency exchanges.

If the development team complies with its promise of a platform for dealers, old signals could have an influx of dealers on its platform, which could have a positive effect on the ASI price in the medium and long-term.

In addition, the introduction of actualizeai could contribute positively to the acceptance rate of old signals in the coming months and years.

Source: Coinlist.me

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