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Italy Lowers Proposed Crypto Tax Hike to 28%
- Italy is considering a 28% tax on crypto gains, lower than the initially proposed 42%
- The decision aligns with recent U.S. election outcomes that favor digital assets
- Economic Minister Giancarlo Giorgetti supported the tax increase in October, though plans have since shifted
- The shift to a 28% tax rate could be influenced by the recent growth in the crypto market and global trends
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