Italy plans to raise the Bitcoin capital gains tax from 26% to 42% in its 2025 budget and eliminate the revenue thresholds for the Digital Services Tax.
Blockstream aims to use new funding to accelerate market adoption of Layer-2 technologies, level up its mining business, and significantly expand its already-substantial Bitcoin Treasury, positioning it as one of the world’s largest.
Italy plans to raise the Bitcoin capital gains tax from 26% to 42% in its 2025 budget and eliminate the revenue thresholds for the Digital Services Tax.
In a move that could disappoint Democrats who understand and hold Bitcoin, the Democratic Party released their election platform document at their national convention on August 19th, 2024, with no mention of Bitcoin.
This contrasts with the Republican election platform, released on July 9th, 2024, which, although general in nature
As the world navigates through a recession, Robert F. Kennedy Jr. finds himself increasingly on the political fringes. As an outsider, he lacks the mainstream credibility of established candidates, suitable only in stable times.
However, with less than three months to the final vote, he could still surprise as the
Russian President Vladimir Putin has signed a new law legalizing Bitcoin and cryptocurrency mining in Russia, according to a report by Russian news agency TASS.
The legislation defines terms such as digital currency mining, mining pools, and mining infrastructure operators.
Mining activities are now classified as part of financial turnover,
John Ruddick, a Member of the NSW Parliament and representative of the Libertarian Party of Australia, recently announced a significant discussion with JAN3 about Bitcoin policy for Australia.
In his post, Ruddick highlighted the party's pro-Bitcoin stance and detailed the rationale behind their advocacy for this asset.
Just
Russian legislators have approved a bill that allows businesses to utilize Bitcoin and cryptocurrencies for international trade, according to a Reuters report.
This move is part of Russia's strategy to bypass Western sanctions imposed after the Ukraine invasion.
The law, which is anticipated to come into effect in
