Czech Republic Exempts Bitcoin From Capital Gains Tax After Three Years

According to PANews, the President of the Czech Republic has officially signed a new law that exempts Bitcoin holders from capital gains tax if they hold the cryptocurrency for more than three years. This legislative move aims to encourage long-term investment in Bitcoin by providing tax relief to investors who retain their holdings beyond the specified period. The decision aligns with the growing global trend of adapting tax regulations to accommodate the evolving cryptocurrency landscape.