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Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

October 17, 2024
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Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]
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