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Bitcoin and other cryptocurrencies in Italy

Are you familiar with the fact of how bitcoin and cryptocurrencies, in general, are treated in Italy? From January 1, 2023, the financial reports held in Bitcoin and cryptocurrencies will also be tracked and registered in the Tax Registry by the Tax authority. Not only that, all information on financial relationships held in cryptocurrencies, precious metals, financial assets, or any other measure taken as a reference for the evaluation, even of an innovative nature, will be communicated monthly.

Source: fiscal-requirements.com

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