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January 2, 2023

Bitcoin Cash Closes 2022 With A Year-Low

Bitcoin Cash Closes 2022 With A Year-Low

[ad_1] It is no surprise for Bitcoin Cash to perform this poorly when the entire crypto market fell deeper in the bear market due to various negative factors, including the much-publicized collapse of crypto exchange FTX. According to CoinGecko, the token is down a further 1.4% in the past 24 hours. This doesn’t bode well […]

Italy approves 26% capital gains tax on cryptocurrencies

Italy approves 26% capital gains tax on cryptocurrencies

[ad_1] On Dec. 29, 2022, days before the year’s end, Italy’s Senate approved its budget for 2023, which included an increase in taxation for crypto investors — a 26% tax on capital gains on crypto-asset trading over 2,000 euros (approximately $2,13 at time of publication). The approved legislation defines crypto assets as “a digital representation of […]