Italian lawmakers are pushing back against recent proposals from the government to raise taxes on cryptocurrencies and extend digital taxes to a broader range of businesses. The current tax framework is at the forefront of discussions, as the proposed adjustments threaten to significantly impact the financial landscape for both individuals and small enterprises in Italy. […]
Robert F. Kennedy Jr. Invests Most of His Wealth in Bitcoin
Robert F. Kennedy Jr., a notable political figure and former presidential candidate, has recently made headlines for his significant investment in Bitcoin. With a firm belief in its potential, Kennedy has positioned Bitcoin as more than just a digital currency; he describes it as the “currency of freedom.” By reallocating a substantial portion of his […]
Turkey Postpones Taxation of Crypto and Stock Profits
In a significant move reflecting its adaptive economic strategy, Turkey has decided not to impose taxes on profits derived from cryptocurrency and stock trading for the current year. Vice President Cevdet Yilmaz confirmed that the government had previously contemplated introducing such a tax. However, it has now opted to refine existing tax regulations instead, focusing […]