Italy is planning to raise its capital gains tax on Bitcoin (BTC) from 26% to 42%. This increase could prompt some crypto investors to leave the country or seek alternative strategies to mitigate the impact. The announcement came as part of Italy’s draft budgetary plan (DBP), which was unveiled on Wednesday. This plan outlines new […]
A recent study from Aspen Digital reveals that 76% of private wealth in Asia has already ventured into digital assets, with an additional 18% planning to invest in the future. Interest in cryptocurrencies and other digital assets has surged in Asia’s private wealth sector since the Hong Kong-based firm last conducted a similar survey in […]
Since the launch of spot Bitcoin exchange-traded funds (ETFs), the United States has experienced unprecedented levels of Bitcoin activity. However, stablecoin adoption in the U.S. has slowed in 2024 compared to global trends, as highlighted by a Chainalysis report from October 17. There has been a noticeable change in stablecoin use in the U.S. this […]