Romania has abolished the tax on income from cryptocurrencies until 2025

Romania has temporarily exempted income from cryptocurrencies from taxation in order to attract investors and develop the market.

Nov 27, 2024 - 10:57
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Romania has abolished the tax on income from cryptocurrencies until 2025
Photo taken from public sources

Romania has announced the abolition of income tax on income from cryptocurrencies until July 2025. This decision is aimed at attracting investors, increasing the transparency of the cryptocurrency market and stimulating its development.

 Now citizens and companies can safely withdraw earned funds from cryptocurrency transactions to Romanian banks, which simplifies access to digital assets and strengthens the country's position in the international financial market.

 This policy reflects Romania's desire to create favorable conditions for the crypto economy and strengthen its competitiveness on a global scale.

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