The crypto business in Bulgaria is gaining speed

July 28,2022-2:27 PM
Despite the crashes of many of the leading crypto currencies and the bankruptcies of some crypto exchanges and crypto banks, it is far too early to write off the entire industry. Some of the companies that had opened offices in Bulgaria started to cut staff dramatically because of the problems, but others are currently starting business here, and of course Bulgaria is not the main market. After the euphoria of the boom comes the sobering, and the focus increasingly shifts from cryptocurrencies, as a speculative tool, to blockchain technology, as a possible solution to many problems. Like any new business, there are many tax challenges ahead. You will learn more about them in our next publications.

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