Italy


Policy

Italy Set to Scale Back Planned Tax Hike on Crypto Capital Gains: Reuters

The tax increase will be significantly reduced during parliamentary work, lawmakers said.

Italy (Tanya Lapko / Unsplash)

Policy

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.

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

Policy

Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters

A draft document reviewed by Reuters is due to be approved by the cabinet later Thursday.

(Tom S/Unsplash, modified by CoinDesk)

Finance

Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks

Conio is also looking at tokenization, and is involved in the Euro Token project overseen by the innovation center of the Bank of Italy.

Conio general manager Orlando Merone (Conio)

Policy

Indian Crypto Investment Platform Mudrex Expands to Italy

Mudrex successfully registered with Italy's Organismo Agenti e Mediatori (OAM), a mandatory step for crypto firms, on Sept. 1, according to the CEO.

The four co-founders of Mudrex (from left to right): Prince Arora, VP, engineering; CEO Edul Patel; CTO Alankar Saxena; and Rohit Goyal, VP, DeFi. (Mudrex)

Tech

Crypto Con Artists Leave Trail of ‘Rip Deal’ Victims From Amsterdam to Rome

They invite you to a restaurant to ink an investment in your project, and then they vanish – with the contents of your crypto wallet. Scams have popped up over the last few years targeting crypto companies. European authorities are investigating.

(DALL-E/CoinDesk)

Consensus Magazine

‘Italian FTX’ Leaves Users in Limbo, Citing ‘Difficulties in Liquidity Management’

The Rock Trading, one of the oldest crypto exchanges in the world, said Tuesday it was pausing its operations, raising fears about its future.

Andrea Medri, founder of The Rock Trading (YouTube)

Policy

Italy Setting Up Crypto Environment That Meets EU's New Laws, Central Bank Governor Says

Even though surveys show only about 2% of households own crypto, regulators are bracing for the EU's Markets in Crypto Assets (MiCA) rules for service providers.

Italian central bank Governor Ignazio Visco (WPA Pool/Getty)

Policy

Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget

Prime Minister Giorgia Meloni's new bill also includes an incentive for those declaring crypto for tax purposes.

El presupuesto para 2023 de la primera ministra italiana, Giorgia Meloni, introduce un impuesto sobre las ganancias con criptomonedas. (Antonio Masiello/Getty)

Finance

Authorities in Italy, Albania Bust $16M Suspected Crypto Investment Scam

Assets worth 3 million euros were seized during the action by a joint investigation team.

(Shutterstock)

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