An Italian lawmaker is urging Italy's banking foundations to invest in bitcoin, arguing that such investments could accelerate the country's support for leading cryptocurrencies. However, while the US is pushing for a strategic bitcoin reserve at the national and state level, he does not expect Italy to build a similar reserve anytime soon. Italian lawmaker Marcello Coppo said in an interview last Friday that the banking foundation should put a small...
Italy's parliament gave final approval to the 2025 budget just days before the year-end deadline, a major victory for Prime Minister Meloni. Meloni and his finance minister, Giorgetti, worked together to craft a package of tax cuts designed to win over voters while adhering to European Union fiscal rules. The government plans to reduce the national deficit to 3.3% of GDP next year and below the 3% cap mandated by the European Union in 2026. In last-minute adjustments to the budget,...
On December 11, Italian politicians said on Tuesday that they will cut the increase in cryptocurrency capital gains tax. According to the 2025 budget, which will be approved by parliament at the end of December, the Ministry of Finance intends to increase the capital gains tax on cryptocurrencies such as bitcoin from 26% to 42%. The coalition said that this move will risk boosting the shadow economy. Political sources said that the government may even decide to keep the 26% tax rate unchanged.
Spain's IBEX 35 index opened up 1% and Italy's FTSE MIB index rose 1.07% to touch 34,000 points.
Pay attention to the three strong obstacles above gold, pay attention to the action energy of silver in one place, the United States oil is concentrated here, and the United States is vigilant against the ambush of two empty orders... Click to view the latest report
Italy's FTSE MIB index fell 1.00% on the day.