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3232Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
https://www.digit.info/italy-targets-bitcoin-with-capital-gains-tax-hike-as-eu-prepares-for-mica-regulations/
Thu, 17 Oct 2024 02:46:20 +0000https://www.digit.info/italy-targets-bitcoin-with-capital-gains-tax-hike-as-eu-prepares-for-mica-regulations/Read more]]>Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]
]]>UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings
https://www.digit.info/ubs-warns-of-further-us-dollar-decline-advises-investors-to-reduce-usd-holdings/
Tue, 01 Oct 2024 00:46:22 +0000https://www.digit.info/ubs-warns-of-further-us-dollar-decline-advises-investors-to-reduce-usd-holdings/Read more]]>Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]