Adding to the recent measures taken by Portugal, another European nation plans to increase crypto trading taxes. Italy’s proposed budget for 2023 includes a measure that would impose a whopping 26% tax on crypto-related capital gains. This tax bracket, however, kicks in whenever crypto revenues are above €2,000 (approx $2,062).
Consumer prices have increased by 0.8 percent every month, speeding up from the 0.4 percent rise in July Bitstamp, Crypto.com, and Coinbase have received approval for their services in Italy. According to current trend happens, there has been widespread inflation all around the world. The recent data, Italy has had
The initial budget of the subsidies loans was 46 million euros. Public, private and joint sectors are eligible for this subsidies loans. The Economic Minister revealed on Tuesday, July 6, that industries, both public and private, will be able to apply for loans from the government to help fund the
