Share this article

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

The price of bitcoin (BTC) remained unaffected by the development, rising above $68,000 for the first time since late July.

By Amitoj Singh|Edited by Marc Hochstein

Updated Oct 16, 2024, 2:35 p.m. Published Oct 16, 2024, 2:32 p.m.

ROME, ITALY - OCTOBER 16 : Deputy Minister Maurizio Leo illustrates in a press conference the measures approved by the Government on the economic maneuver, ,on October 16 , 2024 in Rome, Italy. Photo by Simona Granati - Corbis/Corbis via Getty Images) *** Local Caption *** Maurizio Leo — Italy's deputy finance minister Maurizio Leo. (Simona Granati - Corbis/Corbis via Getty Images)