In Italy they have just imposed a 42% tax on Bitcoin, now they publish this paper, everything seems to be coordinated to try to destroy Bitcoin through regulation and taxes.
Highly likely, and only BlackRock et al ETF route will be available
Wow! a 42% tax on #Bitcoin ?!
The plan to apparently, but still. https://www.bloomberg.com/news/articles/2024-10-16/italy-to-raise-capital-gains-tax-on-bitcoin-to-42-from-26-m2brojod
Do you know how they chose exactly 42%? I’ll give you a hint… https://image.nostr.build/046bdf450602da57071396156bcd3a9fada85ff86bb6a8a6c3abffec7a44f28b.jpg