Italy Intends to Raise Capital Gains Tax on Bitcoin
The Italian government is exploring a significant increase in the capital gains tax for Bitcoin investments, raising it from the current 26% to a substantial 42%.
The Italian government is exploring a significant increase in the capital gains tax for Bitcoin investments, raising it from the current 26% to a substantial 42%.
As the price of Bitcoin continued to rise while the altcoin market remained stagnant, Bitcoin’s dominance increased to its highest level since April 2021.
Canary Capital Group has ambitions to lead rather than follow in the world of crypto exchange-traded funds (ETFs).
On Tuesday, Canary Capital announced that it had submitted an S-1 registration with the SEC in order to launch an ETF focused on Litecoin.
The spot Bitcoin ETF market in the US yesterday experienced a surge in net inflows, totaling $555.8 million. This marks the highest level of inflows since June 4.
Keyrock, an international market maker and liquidity provider in the crypto industry, has recently announced a strategic partnership with Deutsche Bank, the largest bank in Germany.
According to Vice President Kamala Harris, she intends to support a regulatory framework for cryptocurrency that prioritizes protecting Black men who invest and own crypto.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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