The ongoing rise in cryptocurrency markets is fueled by the motivation that regulations on a global scale will bring clarity to the sector. Bitcoin $88,102 This is the basis of the rise in the price after Trump won the elections. If cryptocurrencies If the United States can have clear rules, this will shape global regulation and light the way for other states. So far, the clearest steps have been taken in taxation.
Cryptocurrency Tax Rate
Many countries yet cryptocurrencies Even though there are no clear laws on the subject, there is one issue that has become clear. Many countries are clarifying the taxation of cryptocurrencies. However, while doing this, governments that see the results of the US and South Korean elections also take into consideration the potential for huge vote loss.
Now the US elections crypto- In an environment where the importance of currencies is once again reminded, it is said that Italy will limit the crypto tax to 28%, not 42%. Italian Deputy Finance Minister Maurizio Leo said in his previous statement that they would increase the tax from 26% to 42%.
Although Italy’s 2025 budget targeted 42% as a result of its plan to generate more revenue, the tax rate was only increased by 2%, probably related to the power of cryptocurrency investors over politics.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.