I'm more and more worried about how Italy is governing crypto regulations stuff; it's getting stricter and stricter, and I'm afraid of getting taxed in an expected way.

It seems like sooner or later, possibly during 2026, the taxation for crypto transactions from/to USDT and other stablecoins not linked to EURO will get taxed at 33%; a lower 26% if the transaction involves an EUR backed currency.

As a plus, on December 30, 2025 a deadline set by Italian state will ask to crypto firms to comply with the EU’s MiCA (Markets in Crypto-Assets) framework, or you shut down your operations in the country!

I understand that his can bring institutional safety, but it's a total mess for small, hobby crypto owners that we'll need to start keep track of all of their crypto movements so as to be sure to pay the right tax amount :-/ 

I don't see a such flourishing future in Europe for crypto holders, I see more troubles than expected, instead; I hope the wind will change soon.

Also, the Italian precedent can motivate other countries to apply similar regulations. Is this the end, in Europe, for privacy tokens? What do you think about?