The 33% Crypto Tax is Here: Why I’m Switching to EURC and the "Stablecoin Loophole" in Italy (2026 Guide)

On 1st of January when people were celebrating the new year, I woke up to a new fiscal reality : The Italian Government now takes 33% share in my crypto gains. After the new budget law, the "golden era" of 26% flat tax is over for Bitcoin and Ethereum.

I spent literally 2 days consulting with Italian Tax experts and testing local platforms like MoneyViz and Young Platform to figure out if there is any legal way that can help me save my earned money. Interestingly I found a loophole where MICA-Compliant Euro tokens can be a game changer.

The 2026 Taxt reality for your crypto assets

When you search on AI platforms or the famous search engines, you end up believing that tax is 26%. This is incorrect, 1 January 2026 onwards, Italy has changed the taxation rules. Crypto coins are also categorized now and draw different tax rates.

Asset Type	2026 Tax Rate	Legal Classification
Bitcoin (BTC) & Ethereum (ETH)	33%	Crypto-assets (High Risk)
USDT & USDC (Dollar Stablecoins)	33%	Non-EU Electronic Money
EURC / EURS (Euro Stablecoins)	26%	MiCA E-Money Token (EMT)
Bitcoin ETNs (Stock Market)	26%	Traditional Financial Instrument

The Pro Tip : When you convert BTC directly to EURC (Euro Circle) and sell them with some gains, you will have only 26% capital gains.

Things What AI does not tell you

1) The ISEE calculaltion

Call it normal or take it surprisingly, your crypto holdings are now officially part of your ISEE calculation. This means your wallet and your total crypto holdings are completely visible to social services. If you hold crypto ad do not declare it, you may risk losing your university fee reductions or any other social benefit.

2) The End of €2,000 Threshold

You do not have any exemption now. Even if you make just €100, you are required legally to report in your Quadro RT.

3) How to Automate & Align with Tax Compliance

I am sure you will think that you can do your tax returns manually. But trust me they are too complex for a spreadsheet. Here are the three automated tools that are updated for the 2026 based on the new tax rates.

• MoneyViz: Gold Standard for Italy. This will automatically separate your 33% taxed crypto with 26% taxed crypto assests. This generates pre filled Quadro RW and RT.
• Young Platform: Complete peace of mind. They will remove headache completely. Meaning they will calculate and pay taxes for you.
• Tatax: Uf you hold NFT or DeFi, then this can be the effective tool for you.

4) Final Verdict

If you are a long term investor, do not worry. Taxes apply only when you book profit. For Traders start moving your univested funds from USDT to EURC immediately. Do not pay additional 7% by keeping your funds in USDT.