Italy Imposes 26 Percent Capital Tax on Crypto Profits Above $2,060: All Details

Italy Imposes 26 Percent Capital Tax on Crypto Profits Above $2,060: All Details

Italy’s parliament has decided to impose a 26 percent capital tax on profits exceeding $2,060 (roughly Rs.1.7 lakh) generated out of crypto trading. The country has acknowledged the presence of the virtual digital assets (VDA) sector in the existing financial system This tax imposition will be implemented as part of…

Blockchain.com Gains Regulatory Approval to Offer Crypto and Digital Wallet Services in Italy: Details

Blockchain.com Gains Regulatory Approval to Offer Crypto and Digital Wallet Services in Italy: Details

London-based crypto firm Blockchain.com said on Thursday it had registered as a virtual asset service provider in Italy, the latest in a string of digital asset firms to do so. Italy created a special registry with its brokerage regulator in February to list crypto operators with a stable presence in…