Italy

Italy Cracks Down on Crypto Wild West to Mitigate Money Laundering Risks

June 21, 2024

Italy is poised to become the latest European nation to tighten its grip on the cryptocurrency market, according to a draft decree reviewed by Reuters. The move signals a growing global trend towards regulating the once-unfettered digital asset landscape, focusing on mitigating risks and

Bitcoin·Blockchain·Community·Markets·Policy

Italy Might Scrap Crypto Tax Amid 28% Tax Proposal

November 13, 2024

Italy’s government is wrestling with a proposed crypto tax overhaul, generating uncertainty and debate within the digital asset world. A proposal to completely abolish the tax on crypto gains is on the table, alongside amendments proposing a reduced 28% rate, sparking discussions about the future of crypto investment in the country. The initial proposal, unveiled