2024-10-17 11:16 |
Italy is considering raising its capital gains tax on crypto to 42% as part of efforts to reduce the fiscal deficit. Bitcoin (BTC) holders could soon face nearly two-fold tax increase in Italy, as the government plans to raise the… origin »
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Italy's new 26% tax on cryptocurrencies marks a significant policy shift, affecting investors, traders, and potentially leaving a mark on the regulatory landscape for digital assets globally now and in the future.
2023-5-3 22:53 | |
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Coindesk reported via a Tweet on Dec.30 that the Italian parliament has approved a new capital gains tax on cryptocurrency gains in its 2023 budget.
2022-12-31 23:27 | |
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The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3).
2022-12-1 21:45 | |
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Italy is planning to tighten regulation around cryptocurrencies by taxing capital gains beginning in 2023. According to the European country’s proposed budget for next year, all digital currency profits above €2,000 will be subject to a 26% tax levy.
2022-12-2 16:35 | |
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Italy will impose a capital gains crypto tax of 26% on profits beginning in 2023. The new law will require crypto holders to disclose their current holdings and pay 14% on them. The post Italy Will Impose Crypto Gains Tax at 26% Starting in 2023 appeared first on BeInCrypto.
2022-12-1 08:51 | |
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Italy's Companies and Exchange Commission President Paolo Savona is urging the government for clear regulation as the lack of it can damage the way the market operates, he said. Like other officials, Savona is also calling for more regulation, arguing cryptocurrencies could facilitate illegal activity such as tax evasion, money laundering, and the financing of […] The post The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto first appeared on BitcoinExchangeGuide.
2021-6-14 17:39 | |
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Crypto adoption a likely beneficiary as Greece and Italy crackdown on black markets and tax evasion and take up a frontline position in the ‘war on cash’.
2019-12-19 14:01 | |
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Bitcoin (BTC) expands, up 7. 4 percent Capital flight from Italy could end up in Bitcoin By zeroing in and targeting personal saving accounts, Matteo Salvini, the Deputy Prime Minister of Italy, is inadvertently advertising Bitcoin.
2019-6-14 21:00 | |
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Coinspeaker Analysts: Italy Taxing Safety Deposits Could Be Bullish For BitcoinThe Deputy Prime Minister of Italy proposed a new tax on cash and other valuables held by citizens at safety deposit boxes.
2019-6-13 19:13 | |
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Given the superiority of Bitcoin, if Italian tax authorities go after savings in vaults, owners will likely pour into BTC, pumping prices. The post Italy’s Economic Problems a Boon for Bitcoin (BTC) appeared first on Ethereum World News.
2019-6-13 18:55 | |
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Drawing Comparisons Between Traditional Finance and the Digital Asset Industry Because cryptocurrency, in certain ways, is being integrated into the traditional financial markets, there are times when parallels are drawn between the cryptocurrency industry and mainstream financial institutions which also highlights reasons why people are drawn to cryptocurrency in the first place and there are […]
2019-6-13 18:32 | |
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By CCN Markets: The Italian government is mulling the decision to issue a “parallel currency” in a move that could plunge the eurozone into crisis – and provide the best case yet for mass bitcoin adoption.
2019-6-14 16:15 | |
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The Deputy Prime Minister of Italy has proposed a new tax on cash and other valuables held by citizens at banks. If actually imposed, the measure could drive people towards Bitcoin as a way to keep their savings safe from cash-strapped government ministers.
2019-6-13 02:00 | |
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The absolute final vote on the incredibly controversial Copyright Reform was held today, with 19 EU member states voting in favor of making it EU law. Despite the Netherlands, Italy, Luxembourg, Poland, Finland, and Sweden voting against the Copyright Reform — and Estonia, Belgium, and Slovenia abstaining — it’ll now be mandatory for all EU countries to implement the law at a national level.
2019-4-15 13:16 | |
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Following the precedent set by some European countries such as Austria, France, Italy, Spain and the United Kingdom, New Zealand has indicated it will introduce a digital services tax. This is expected to affect internet giants such as Google and Facebook, according to the New Zealand Herald.
2019-2-18 16:00 | |
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The biggest bank in Italy, Intesa Sanpaolo, has finally entered the world of cryptocurrencies by buying 11 bitcoins worth over $1 million, Reuters reported. The move marks a significant moment in the financial institution’s history as it becomes the first Italian bank to make a direct investment in digital assets.
Intesa Sanpaolo Bank buys $1M in Bitcoin. The bank is the first Italian bank to invest in crypto. The move is a low-risk experiment with digital assets in preparation for potential client demand.
Intesa Sanpaolo, Italy’s largest bank, has reportedly entered the Bitcoin market by acquiring €1 million worth of the leading digital asset. This translates to approximately 11 BTC, according to an internal email allegedly signed by Niccolo Bardoscia, the head of the bank’s digital asset trading and investment division.
Banca Intesa Sanpaolo has become the first Italian bank to purchase Bitcoin, as revealed by leaked email screenshots on the website 4chan. According to a report by Wired Italia, traders have detected a recent crypto purchase by Banca Intesa Sanpaolo,…
Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and exemptions aim to protect small investors and boost crypto.
Crypto watchers and investors in Italy have received encouraging news: Prime Minister Giorgia Meloni’s government is considering a watered-down tax hike. From the initial proposal of 46%, which was announced last second week of October, the Italian government is currently re-evaluating the plan to limit the increase “to just 28%”. Related Reading: No! Judge Rejects […]
Italy’s government is considering lowering its proposed tax hike on crypto trades, reducing the planned rate increase from 42% to 28%. This shift comes as Prime Minister Giorgia Meloni’s coalition appears inclined to amend the tax proposal, which was initially…