Italy government just raised crypto taxes on profit from 26% to 42% starting 2025
It's been a good multi year run, it was already complicated here with multiple taxes (like 0,2% on owned crypto) on crypto, but this unfortunately is starting to make it a no go here... I am sad and angry... other unofficial "ways" are already super controlled .... they managed to strip all the plus sides of crypto here... fight for your government...
Thanks Meloni, you killed another dream
If there is any Italian here or European with some suggestion please share.
As I said may this post be a cautionary tale of voting for "some type of parties".
A lot of Italian crypto blog and groups are already protesting and waiting for more news but the expectations are pretty low right now.
We can hope some of the bigger local crypto players and business (there are few) can push or fight in some way this law but as I said the chances are slim.
PS reposting this with more details as it was not conform with the 500 characters rule, (maybe a bit restrictive, but oh well. Didn't post in the daily because I am hoping to spark some sort of discussion about this theme in the industry.
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