BitcoinSistemi
2024-12-11 13:28:08

Good News for Bitcoin (BTC) and Cryptocurrencies from Italy! Step Back Taken!

Italy is set to scale back a planned tax hike on cryptocurrency capital gains, according to Reuters. As is known, the Italian government announced in recent months that it will increase the tax on capital gains from cryptocurrencies such as Bitcoin (BTC) from 26% to 42%. According to the news, Italian MP Giulio Centemero and Deputy Undersecretary of the Ministry of Finance Federico Freni said in a statement, “The tax increase will be significantly reduced during the parliamentary work.” The MPs stated that such a step towards Bitcoin and cryptocurrencies carries the risk of reviving the shadow economy and said, “There is no longer any prejudice against cryptocurrencies.” *This is not investment advice. Continue Reading: Good News for Bitcoin (BTC) and Cryptocurrencies from Italy! Step Back Taken!

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.