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Czech approves Bitcoin tax exemption for long-term holders

Cryptopolitan
Summary
Nutrition label

77% Informative

Czech Republic president Petr Pavel has signed a bill that exempts Bitcoin and other digital assets from capital gains tax after three years .

The law is similar to what the country already has in place for other traditional assets, including securities.

Bitcoin is down 1% to $ 96,000 , while other crypto assets have also seen sizable declines in past 24 hours .

VR Score

68

Informative language

61

Neutral language

69

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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