The Ethereum Shanghai Upgrade, also known as Shapella, includes the implementation of EIP-4895, the most notable development among EIP-3651, EIP-3855 and EIP-3860, allowing stakers and validators to withdraw their staked Ethereum, which was previously locked indefinitely.  While the Shapella upgrade is relatively smaller compared to the Ethereum Merge, its...

As crypto is rising in popularity, more and more countries are looking to impose taxes on crypto transactions. Recently, Portugal and Italy, previously considered tax-friendly countries, also introduced new crypto tax laws. Predictably, increasing regulations to the already complicated crypto landscape have resulted in many crypto tax myths.  Taxpayers...

Despite the hype culture and millions of failed projects, the future of NFTs still looks promising.  How? As this technology continues to evolve, the potential applications and use cases of NFTs are far-reaching, presenting an exciting and rapidly developing landscape for exploration that can change everything. But there are...

Play-to-Earn crypto games turned the decades-old gaming industry’s business model on its head. Not only can you enjoy these crypto games, but you can now also make money while playing them. And they’re not all that different from traditional video games.  A large number of these crypto games have...

When we talk about blockchain, we’re usually referring to a public blockchain. It’s what most of the popular cryptocurrencies, like Bitcoin and Ethereum, and DeFi protocols are built on. However, recently, there has been a rise in private blockchain use cases.  Private companies and organizations with a need for...

Crypto taxes in Italy are very similar to that of most countries in the European Union – You pay a capital gains tax rate of 26% on your crypto gains over €2,000 and a progressive tax rate of 23%-43% on your crypto income.  But there is more. The Italian...

Up until last year, crypto taxes in Portugal were pretty much non-existent. But that is no longer the case. After the Portuguese State Budget for 2023, profits made from crypto within a year of its purchase are now subject to a flat 28% capital gains tax rate.  However, crypto...

As cryptocurrencies have become a popular investment instrument, more and more people are looking into Bitcoin IRAs as an alternative way to invest in retirement funds.  Bitcoin IRAs allow clients to invest in cryptocurrencies for their retirement funds and enjoy multiple tax benefits, which may not be there by...

Timing the market for the best returns is tricky and hard, to say the least, especially for beginners. Crypto dollar-cost averaging (DCA) is an investment strategy that solves this problem. With DCA, you make regular, small investments in crypto, regardless of whether the market is up or down. This...

First off, we admit that the title is a bit misleading. It’s not entirely possible to avoid crypto taxes in Canada altogether. At least, not legally.  There are ways, however, to reduce your tax burden in a completely legal manner. Using the following strategies we’ll share in this guide,...