Italy’s Budget Bill Encourages Crypto Investors to Disclose Holdings
Italy's budget also proposed a 26% tax on digital assets.
BTC$62,533.00-3.27%
ETH$1,660.02-4.47%
USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
BTC$62,533.00-3.27%
ETH$1,660.02-4.47%
USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
US lawmakers are pushing to revive a bill aimed at reforming the way digital assets are treated for tax purposes.
Italy's budget also proposed a 26% tax on digital assets.
Japan's financial regulator proposed tax breaks for crypto and individual stock investors to spur broader economic growth.
Japan's regulators are considering reviewing tax rules for crypto startups from 2023 and implement a crypto-friendly framework to foster local firms.
U.S. Senators Patrick Toomey and Kyrsten Sinema have introduced a new crypto-friendly bill that would make crypto payments of up to $50 tax-free.
South Korean legislators, led by the recently elected crypto-friendly president Yoon Suk-yeol, delayed taxation on cryptocurrencies by an additional two years to 2025.