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Italy Wants to Tax Crypto Gains at 26% From 2023


The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy...

National Bank of Ukraine Unveils E-hryvnia Concept


The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail payments and cross-border settlements. Ukraine’s...

RBI announces the launch of its first retail digital rupee pilot program


On October 31, 2022, the Reserve Bank of India issued an official press release regarding their plans to introduce the digital Rupee. In accordance with that, the institution has now formally launched its first retail digital Rupee in the form of a pilot project. This will, however, occur...

RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks


India’s central bank, the Reserve Bank of India (RBI), is launching its first retail digital rupee pilot on Dec. 1 with the participation of eight banks. The pilot will start in four cities and then expand to cover nine more cities across India. RBI Picks 8 Banks, 13 Cities to Test Retail...

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges


Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital...

Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff


With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the...

Bitcoin․com Announces Strategic Partnership with Poly Network


Join the Verse public token sale now and purchase VERSE tokens using BTC, BCH, ETH and USDT/USDC. Sale closes Dec 1 at 0:00 UTC. Bitcoin.com, a digital ecosystem that offers secure self-custody solutions for users to easily interact with cryptocurrencies, has formed a mutually beneficial strategic...

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