🚀 Italy's Deputy Finance Minister, Maurizio Leo, just announced a tax hike on crypto gains to 42% from 26%! 😱 But guess what? Bitcoin didn't even flinch and soared above $68K, marking a 12% weekly gain! 📈
Why the tax hike? The Italian government wants to cash in on the booming crypto market and strengthen its digital services tax for the 2025 budget. 💼
Despite the tax news, the crypto market remains bullish! 🌟 What do you think? Will this affect DeFi and Web 3 adoption in Italy? Share your thoughts in the comments! 💬 #DeFi #Web3 #CryptoTax #Bitcoin