December 11, 2023

Markets news | Austria will equate cryptocurrencies to stocks

From March 2022, Austria plans to apply a 27.5% fee on growthcapital for digital tokens, such asbitcoin and ethereum. According to the authorities, this will increase confidence in cryptocurrencies due to equality with stocks.

Austria says its tax system will be the first of its kind in the EU and could improve equity among investors. The country has already introduced a tax on speculative investment in relation to tokens