Italy Mulls 26% Crypto Gains Tax as Binance, Gemini Set Up Shop – Decrypt
Italy looks set to become the latest European country to cash in on crypto businesses moving into the region, with a plan to tax digital trading. In a proposal bundled in with the country’s 2023 budget, a 26% tax would be imposed on capital gains larger than €2,000 ($2,062) made from trading crypto.