Italy’s crypto tax plan faces backlash: italy initially proposed increasing the capital gains tax on cryptocurrencies from 26% to 42%. However, extensive criticism from the industry and internal governmental debates led to its potential revision.

Cryptocurrency tax changes considered: prominent government figures like giulio centemero and federico freni emphasized the adverse effects of such a tax hike. Upcoming parliamentary discussions might maintain the 26% tax rate, addressing concerns about fostering a shadow economy.