By Arnitxe | Italy News | 17 Oct 2024
Italy's Deputy Finance Minister, Maurizio Leo, said the government is considering the idea of raising taxes on capital gains on cryptocurrencies such as bitcoin to 42% from 26%. The decision was made because the “phenomenon is spreading", Leo said during yesterday's press conference.
A lot of people in the Italian crypto industry are raising their voices against this declaration.
The Bitcoin price remained unaffected by the declaration.
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