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Profits from trading cryptocurrencies will be taxed at 26% from 2023, according to a new law included in Giorgia Meloni’s government budget and approved by parliament on Thursday.
As Coindesk reports, the 26% rate will apply to cryptocurrency gains if they exceed €2,000 a year.
The law defines cryptocurrencies as “a digital representation of value or rights that can be transferred and stored electronically, using distributed ledger technology”.
