Italy set to raise Bitcoin capital gains tax to 42%

Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%. The new policy reflects a trend among European countries tightening crypto regulations. PM Giorgia Meloni assures no new taxes for citizens despite the proposed increases. Italy is set to increase its capital gains tax on Bitcoin and other cryptocurrencies from 26% […]

Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs

Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio. An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs. The firm plans to allocate $200 million to Bitcoin ETPs. Patient Capital Management, a prominent asset management firm with $1.4 billion in assets under management, has updated […]