Italy Wants To Tax Crypto Gains At 26% From 2023
A provision in Italy’s 2023 budget plan looks to implement a 26% levy on capital gains earned from digital asset sales where the profit exceeds 2,000 euros. According to budget documents made public on December 1, Italy intends to impose stricter rules on digital currencies in 2023 by extending its tax laws to cover cryptocurrency […]
National Bank of Ukraine to promote fair Bitcoin regulation
Following the adoption of a key crypto law by the Ukrainian parliament in early September, the central bank of Ukraine has moved to promote the development of the cryptocurrency business. On September 13, the National Bank of Ukraine (NBU) made an official statement on the core principles of monetary policy for the future year, with […]
Cryptocurrency restrictions in Cuba takes effect
In Cuba, cryptocurrency is now legal tender for commercial transactions. The Banco Central de Cuba (BCC) — the country’s central bank — has officially released Resolution 215 of 2021, which recognises cryptocurrencies such as Bitcoin (BTC). The directive went into effect on Wednesday, according to Cuba’s official state news agency, Prensa Latina. Bitcoin and other […]