Italy Mulls 26% Crypto Gains Tax as Binance, Gemini Set Up Shop
The move follows a similar tax announcement from Portugal, which announced a hefty 28% tax on crypto gains in October.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Binance to Close Accounts in Four EU Countries Dec. 31, Charging Idle Balances From Nov. 29
Bitcoin Magazine Binance to Close Accounts in Four EU Countries Dec. 31, Charging Idle Balances From Nov. 29 Binance will close cu...
OKX Warns Users Off MEXC Transfers as US Moves to Cut Off the Exchange
OKX founder Star Xu told customers on Saturday to stop sending funds directly from MEXC after the US moved to cut the crypto excha...
North Korea Turns DIY Meme Coins Into a Laundering Pipe for Stolen Binance Crypto, Elliptic Says
Crypto launderers working for North Korea are spinning up disposable meme coins of their own to shuttle funds taken from Binance,...
Coinbase Explains Cold-Storage Defences After Binance Breach Shakes Crypto Industry
TL;DR: Coinbase says it was not affected by the reported Binance hot-wallet incident and that more than 99% of customer assets are...
With Probe Gavel in Reach, Blumenthal Warns Binance and Tether of ‘Alternative Measures’
Sen. Richard Blumenthal (D-Conn.) is set to chair the Senate Permanent Subcommittee on Investigations (PSI) when Democrats take th...
North Korea launders Binance funds with Elon Musk memecoin, report
North Korea-linked hackers who stole $6.4 billion from the world’s biggest crypto exchange Binance are reportedly laundering the s...