News list for "October 31"
Italian Finance Minister: Digital Assets Are "Extremely Risky", 42% Crypto Capital Gains Tax Is Necessary
At a World Savings Day event on Oct. 31, Italy's economy and finance minister, Giancarlo Giorgetti, pushed back against criticism of plans to raise capital gains taxes on cryptocurrencies such as bitcoin to 42 percent. Giorgetti said digital assets were "extremely risky" and that a 42 percent tax on crypto capital gains was necessary. Previously, the Italian Council of Ministers approved a budget bill to increase the capital gains tax on bitcoin from 26% to 42%. The proposed tax increase still n...
2024-10-31 21:45:55
Former Bank of Japan official: Next rate hike most likely in January next year
The day before yesterday the governor of the central bank said "The Bank of Japan will raise interest rates on October 31."
"There is almost no chance that the BoJ will raise rates on October 31, and if they raise rates every time, it will give the impression of raising rates every three months," said a former BoJ governor. (Jin Ten)
2024-10-09 01:46:18
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