Slovakian lawmakers have recently voted in favour of a law to reduce taxes on the sale of cryptocurrencies, which could have a positive effect on the broader crypto market.
The bill seeks to reduce the tax burden on virtual currency income to 7%, potentially leading to increased cryptocurrency adoption in the country. This could prompt similar bills from other European countries, depending on the success of the Slovakian measure.
Bitcoin has seen an impressive performance since the start of the year, reaching the $31k level before retracing and currently trading at $30,617. If the bill is passed, it could further boost cryptocurrency prices, with AltSignals one of the potential beneficiaries.
AltSignals is a trading platform that provides trading signals for stocks, forex, indices, cryptocurrencies, and CFDs. It is currently in its presale stage, with the development team having raised 96% of the funds required to develop its products and service.
The native token of the AltSignals ecosystem, ASI, is currently sold for 0.015 USDT. The team is expected to launch its products and list the token on crypto exchanges soon, which could see ASI rally higher.
ActualizeAI, a fully automated solution that is designed to make it easier for people to trade cryptocurrencies, is set to be launched by the AltSignals team. This could further contribute to the adoption of the platform and ASI tokens, leading to potential price gains.
With the crypto market sentiment currently on the positive side and the move by Slovakia to reduce crypto income tax, this could be an excellent time to invest in AltSignals. Visit the official AltSignals website to learn more about their presale.
