Auto Added by WPeMatico

French central bank governor pushes for crypto licensing ahead of EU laws

The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."

Continue ReadingFrench central bank governor pushes for crypto licensing ahead of EU laws

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives…

Continue ReadingItalian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate…

Continue ReadingRate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says