Countries Comparison
Parameters
2 of 6 countries
Portugal, officially the Portuguese Republic (Portuguese: República Portuguesa [ʁɛˈpuβlikɐ puɾtuˈɣezɐ]),[note 4] is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of the Azores and Madeira. It features the westernmost point in continental Europe, and its Iberian portion is bordered to the west and south by the Atlantic Ocean and to the north and east by Spain, the sole country to have a land border with Portugal. Its two archipelagos form two autonomous regions with their own regional governments. Lisbon is the capital and largest city.
GDP
$2.31 Trillion
Population
10.31 Million
GDP per capital
$22.44 Thousand
Last Updated: 31 October, 2022
Light
Iceland
- Green
Last Updated: 31 October, 2022
Russia
- Yellow
Last Updated: 31 October, 2022
Banking
Japan
There is no Banking Data
Last Updated: 1 November, 2022
Turkey
There is no Banking Data
Last Updated: 1 November, 2022
General Adoption
Singapore
General Adoption: High
Last Updated: 31 October, 2022
Argentina
General Adoption: The increase in the use of cryptocurrencies is taking place against a backdrop of devastating economic fallout from the COVID-19 pandemic, with the World Bank declaring Latin America and the Caribbean the “hardest hit” regions in the world.
Argentina’s inflation rate hovers around 50%. The idea of taking on crypto as a hedge against inflation comes in part and being encouraged.
Last Updated: 1 November, 2022
Government View
Brazil
The Brazilian government is set to follow El Salvador’s example of making cryptocurrency into a legal tender but it is still set behind the adaption of that rule.
Last Updated: 22 March, 2023
Colombia
Colombia’s restrictive legal environment towards virtual currencies suggests it is challenging to operate a cryptocurrency business within the country. The Financial Superintendence of Colombia (SFC) has virtually prohibited banks from providing financial services to cryptocurrency companies. Consequently, cryptocurrency firms in Colombia may not utilize banking institutions. Furthermore, Colombian officials declared in 2014 that regulated financial institutions shall not possess or invest in cryptocurrencies. Consequently, cryptocurrency-related companies may not seek investments from regulated financial institutions. Accordingly, cryptocurrency-oriented businesses in Colombia must operate without the assistance of banking and financial institutions.
Last Updated: 31 October, 2022
Blockchain Projects
Brazil
Last Updated: 22 March, 2023
Brazil
Last Updated: 22 March, 2023
Taxes and Regulation
Brazil
The Brazilian government is trying to pass a bill about Cryptocurrency. The bill would force virtual asset service providers to follow rules of communication of financial transactions, with identification of customers and recordkeeping. The bill would also increase the penalty for money laundering crimes using virtual currencies.
Brazilian tax laws do not provide for specific provisions regarding cryptocurrencies. Taxation follows general applicable rules to movable goods.
Last Updated: 22 March, 2023
Brazil
The Brazilian government is trying to pass a bill about Cryptocurrency. The bill would force virtual asset service providers to follow rules of communication of financial transactions, with identification of customers and recordkeeping. The bill would also increase the penalty for money laundering crimes using virtual currencies.
Brazilian tax laws do not provide for specific provisions regarding cryptocurrencies. Taxation follows general applicable rules to movable goods.
Last Updated: 22 March, 2023
Trading Methods
Brazil
There is no Trading Methods Data
Last Updated: 22 March, 2023
Brazil
There is no Trading Methods Data
Last Updated: 22 March, 2023
Trading
Brazil
eToro, CoinMama, bitpanda, CEXio among the traditional Binance and Crypto.com.
Last Updated: 22 March, 2023
Brazil
eToro, CoinMama, bitpanda, CEXio among the traditional Binance and Crypto.com.
Last Updated: 22 March, 2023
Privacy
Brazil
RFB Normative Ruling No. 1,888/19 requires cryptoasset exchanges to disclose specific transaction data from its clients, including information such as parties involved in the negotiation of assets, related dates, addresses of the remittance and receiving wallets, amounts and fees involved. Parties engaging in sales must also file disclosure information if monthly amounts exceed the sum of BRL30,000 (USD5710.81 12/02/22).
Last Updated: 22 March, 2023
Brazil
RFB Normative Ruling No. 1,888/19 requires cryptoasset exchanges to disclose specific transaction data from its clients, including information such as parties involved in the negotiation of assets, related dates, addresses of the remittance and receiving wallets, amounts and fees involved. Parties engaging in sales must also file disclosure information if monthly amounts exceed the sum of BRL30,000 (USD5710.81 12/02/22).
Last Updated: 22 March, 2023