Tag: Regulation

President Donald Trump signed a bill on April 10, 2025, repealing the IRS’s decentralized finance (DeFi) broker rule, which would have required DeFi platforms to report user transactions. The U.S. Justice Department disbanded its National Cryptocurrency Enforcement Team (NCET) on April 8, 2025, narrowing crypto investigations to focus on drug cartels and terrorism. These actions signal a pro-crypto shift, aiming to foster...

Italy proposes to increase crypto capital gains tax from 26% to 42%. The measure aims to generate additional revenue for social programs. Impacts on direct cryptocurrency investments vs. crypto financial products. Italy’s Bold Move in Cryptocurrency Taxation Deputy Economy Minister Maurizio Leo announced a drastic increase in the capital gains tax on cryptocurrencies, jumping from 26% to a staggering 42%. This move, part...