Showing posts with label news. Show all posts
Showing posts with label news. Show all posts

Saturday, 17 January 2026

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.

Itaian Crypto goes from 26 to 33 here is how to save tax

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 Type2026 Tax RateLegal 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.

Thursday, 27 December 2018

India To Legalize Bitcoin and Cryptocurrency but keeping Super Strong Regulations

India could be making a U-turn on its mandates for cryptographic forms of money. Per reports from the New India Express, a second interdisciplinary advisory group set up by the Indian government is thinking about making cryptographic forms of money legitimate in the nation again however with progressively stringent principles.

India to legalize bitcoin
India to legalize bitcoin

This disclosure comes only a couple of months after an administration board proposed the making of another administrative system inside the Save Bank of India (RBI) that bans advanced resources and pronounces crypto exchanges illicit in India.

As per an anonymous senior authority who talked with the New India Express, the board had met twice, yet consultations were all the while progressing.

“We have just had two gatherings. There is a general accord that digital currency can’t be rejected as totally illicit. It should be legitimized with solid riders. Thoughts are on. We will have greater clearness soon.”

The principal interdisciplinary board of trustees on digital currency was set up by the legislature of India back in Walk 2017, including Service of Fund authorities. This board of trustees comprised of different saving money and state offices. Following a proposal from the board, the RBI coordinated all banks and other monetary elements in the nation to shun executing with advanced resources.

India To Legalize Bitcoin

Be that as it may, the second advisory group, which was assembled by Subhash Chandra Garg, the Secretary of the Branch of Monetary Issues, was set up to survey the goals of the first and investigate the feasibility of digital currencies for the Indian economy.

A few individuals from the second board likewise went to the G20 summit in Buenos Aires, where crypto measures, for example, tax collection and expanded direction to battle the utilization of digital forms of money for tax evasion were examined.

The individuals will meet in January to talk about a portion of the experiences picked up from the summit, before exhibiting its proposals to the administration.

“We have likewise taken contributions from digital currency trades and specialists and will inspect legitimate issues with the law service. It’s a convoluted issue. When all angles are chosen, at that point we will have greater clearness,” the senior authority clarified in the report.

While the board of trustees may recommend softening the position on digital forms of money, neighborhood government experts have not been taking care of the part with child gloves since the boycott was implemented.

Prior this year, the engineers of India’s first bitcoin mechanized teller machine (ATM) and the organizers of the nation’s first crypto trade, Unocoin, were captured by neighborhood Bangalore experts on criminal allegations, including criminal connivance, tricking and fabrication.

Suggested Read : Why bitcoin is the best coin to invest.

Friday, 25 May 2018

Tron Mainnet Launch on 31 May 2018

The Tron is heading towards the empire building. The latest tweet of Justin Sun Tron confirms that the Tron Mainnet launch will be live on 31st May 2018.

Snapshot of the Tweet:

Strategic conference on mainnet launch on May 31st, 11am (UTC+8), THE NEW ERA OF BLOCKCHAIN IS ABOUT TO BEGIN. see you there?

Tron Mainnet Launch on 31 May 2018
Tron Mainnet Launch on 31 May 2018

To begin with and on the 31st of May, the complete Mainnet Function testing and wallet testing will start. The company is also expected to test complete explorer on the same day.

The MainNet will then undergo rigorous testing from the 1st of June to the 24th of the same month. Users will also get test tokens from designated links to test on the MainNet’s Tron Wallet during the same period. The final MainNet testing will be complete by midnight, June 24th.

Users are recommended to keep holding their Tron coins.

Wednesday, 23 May 2018

Why Cardano ( ADA ) is falling after its listing on Cryptopia

Cryptopia, a New Zealand based exchange listed Cardano on 22 May 2018. After its sales on Cryptopia, the Cardano prices are falling. Investors are confused about this price trend.

Why Cardano ( ADA ) is falling after its listing on Cryptopia
Why Cardano ( ADA ) is falling after its listing on Cryptopia

Yesterday, the coin listing was confirmed by the Crypto Exchange’s official Twitter handle. They are excited, but are the investors feeling the same. Probably not, but the reason of the price dip of Cardano is because of the Donald Trump’s latest remark on the Immigration status. The US is under tension and the stock market is falling as well.

Cryptopia Exchange tweeted:

“We’re happy to announce the listing of Cardano $ADA! Welcome to the Cryptopia family @CardanoStiftung!”

My personal suggestion is to grab this opportunity and invest with the every price dip. ADA has a great potential and you can expect great price hikes in the coming weeks itself.

Click here to buy ADA on binance.

Cardano works on a blockchain technology that is completely decentralised. Users have the control over it and no particular individual owns it at all. The algorithm uses a concept of creating side chains that protects the user’s privacy.

Monday, 30 April 2018

SNGLS Coin (SingularDTV) is the maximum gainer on 30th April 2018

SNGLS coin has gained almost 35% on  30th April 2018. The coin is the top positioned gainer on Binance exchange. The exchange holds the maximum, i.e around 80% of the total available SNGLS Coin in the crypto market. SNGLS targets the entertainment creators and provide a unique platform to publicize their content.

The Official SNGLS Coin website says the following about the coin

Building the future of rights management, project funding, and peer-to-peer distribution, SingularDTV’s platform empowers artists and creators with powerful tools to manage projects from development to distribution.

sngls coin news
sngls coin news

Also Check – ZIL Coin who has gained too much in the month of April 2018.

SNGLS Coin Price trend in April 2018

SNGLS Coin (30 th April 2018 Analysis) STATS
Market Cap ฿8,465
Trading Volume ฿1,455
Price Change (30 April 2018) 28.01% Up
Price Change (23 April 2018 - 30 April 2018) 35% Up
Price Change (16 April 2018 - 30 April 2018) 44% Up
Price Change (9 April 2018 - 30 April 2018) 150% Up

As you can see the coin is increasing with all positive remarks. This is the right time to invest in this. Though it will definitely hit back a few points. Do not panic. Rather invest in the price dips. This coin can give you good returns. Though it can not be the best returner, but it will surely make a positive impact on your profits.

 

Sunday, 29 April 2018

ZIL Coin on Fire as it gains more than 100% in last 14 days

Zilliqa a.k.a ZIL coin is increasing exponentially. The coin price value has changed more than 100% in last 14 days. The reason of this tremendous up shift is that the ZIL is one of the highest throughput Public Blockchain Platform. The coin is priced under half dollar and is not much talked about.

The Whitepaper witnesses the possibility of ZIL as the next Ethereum. When you talk about altcoins, it is a general practice to compare them with BTC / ETH. Many a times it is illogical to compare, but with ZIL the technology comparison justifies that both are equivalent and should be compared.

zil coin on fire
zil coin on fire

ZIL recently released Testnet V1.0 in March 2018 and this is why the ZIL coin is increasing day by day.

Here are the quick stats of coin price change in recent time:

ZIL Recently STATS
Market Cap $775,912,833
Trading Volume $38,335,148
Price Change (23 April 2018 - 30 April 2018) 15% Up
Price Change (16 April 2018 - 30 April 2018) 44.21% Up
Price Change (9 April 2018 - 30 April 2018) 99% Up
Price Change (1 April 2018 - 30 April 2018) 150% Up

The coin is listed on major crypto exchanges. Binance holds the maximum share in the coin percentage. Mostly Europeans and Indians are investing in this coin.

The month of May is expected to witness this upshift again. We will see how much will the graph rise.

Friday, 12 January 2018

Latest update about Jio coin

Recent Update: 4 Feb 2018 – Reliance Jio is not confirming anything about the Jio Coin. It is interesting to wait for the new announcement. But the Rumors are sad that the coin might not be available soon. Reliance Jio Coin Truth News. Is JIO coin real. This article will help you get enough knowledge and you will be happy to know that Reliance is coming with JIO COIN. The JIO Coin Truth news is spreading from mouth to word rapidly. Reliance’s new Cryptocoin “JioCoin(JC)’to Hit the Indian and world exchanges soon.

jio coin truth news
jio coin truth news

Also Read – How to Buy BNB Coin to make best profit in India

Reliance Jio Coin Truth News

jio coin truth news release event
jio coin truth news release event

A BIG NEWS for all the crypto-buyers  ,after disrupting the telecom sector with its free offers and hyper-competitive tariffs, Reliance Jio Infocomm Ltd plans to create its own cyptocurrency, JioCoin. The most popular application of the BLOCKCHAIN technology has undoubtedly been cryptocurrency, and Reliance Jio also plans to create its own version called JioCoin(JC).

Reliance Jio is planning to build a 50-member team of young professionals with average age of 25 year to work on the blockchain technology for JioCoin(JC), its own cryptocurrency. Reliance is a bigger brand in world economy. If this coin project comes into action, the fear of banning crypto currencies in india will go. Since Mukesh Ambani has great links with Government bodies and officials, “JIO COIN” will be a blessing for crypto investors.

JIO Coin Future and the Jio Coin Truth News

If reports are to be believed, Mukesh Ambani’s elder son Akash Ambani will  lead the JioCoin project, A 50-member team of young professionals to work on blockchain technology, which can also be used to develop applications such as smart contracts and supply chain management logistics for the company.

Significantly, the Indian government has cautioned against cryptocurrencies, always stating that virtual currencies were not backed by assets & posed risks such as money laundering.

Recently on 2 January, India”s finance minister Mr. Arun Jaitley says at Rajya Sabha that the government was still studying the issue. He is planning for strict steps. A committee under the chairmanship of secretary, department of economic affairs, is deliberating over all issues related to cryptocurrencies to propose specific actions to be taken. If JIO Coin will hit the exchanges, every investor in INDIAN subcontinent can take a sigh of relief, crypto trading will never be banned in the country.

Indian Government and JIO Coin

Bitcoin and other cryptocurrencies have come under the scanner of governments across the world as their soaring prices attracted speculators and unsophisticated retail investors in droves. On Thursday, Bitcoin dropped as much as 12% to $12,801, its lowest since Christmas day, as South Korea’s justice minister reiterated his proposal to ban local cryptocurrency exchanges, Bloomberg reported. Our sources has also revealed that the proposal of ban will be withdrawn very soon by South Korea.

Any updates regarding JIOCOIN(JC) will be updated here, we wil provide you every information regarding its ICO launch, the exchanges where it will be traded, its price. Stay tuned to save your money so that you can invest in best crypto coins around the world. The most popular application of the technology has undoubtedly been cryptocurrency, and Reliance Jio also plans to create its own version called JioCoin, a big new year gift to all crpto-lovers for sure.

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 ...