The Czech Republic has just made a significant breakthrough in recognizing cryptocurrency by officially exempting long-term Bitcoin profits from tax. This move not only makes the country an attractive destination for crypto investors, but it could also pave the way for Bitcoin to be included in national reserves.
🔹 Tax exemption for Bitcoin held for over 3 years
The new bill, passed by the Czech Parliament in December 2024 and officially taking effect after President Petr Pavel's approval, stipulates as follows: