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Italy to raise capital gains tax on Bitcoin from 26% to 42%

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In addition to raising the withholding tax on Bitcoin capital gains to 42%, Italy also plans to remove the 750,000 euro web tax threshold.

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Coin Market

Mukesh Ambani’s Jio taps Polygon Labs for blockchain upgrades

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Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India.

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Coin Market

Canary’s amended S-1 has analysts more confident a Litecoin ETF is next

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Bloomberg ETF analyst Eric Balchunas warned that an imminent change in the SEC leadership could shake things up.

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Shaping skylines: Developers eye crypto buildings in Dubai, Tokyo

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Dubai developer DMCC is planning a 17-story Crypto Tower in Dubai, while a Bitcoin hotel in Tokyo is set to open its doors later this year.

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