In recent crypto news, Italy is proposing to increase the capital gains tax on Bitcoin from 26% to 42% as part of its 2025 budget bill, as announced by Deputy Economy Minister Maurizio Leo. This revision reflects ongoing regulatory adjustments in the country, including the removal of minimum revenue requirements on the Digital Services Tax. Meanwhile, the Trump family's crypto project World Liberty Financial launched its token sale, reaching only $10 million of its $300 million goal on the first day. The project, which claims engagement from 100,000 interested users, faced technical difficulties with its website crashing shortly after the sale began. Donald Trump has promoted the initiative, positioning it as a forward-thinking embrace of cryptocurrency. Overall, both developments highlight significant shifts in the regulatory landscape and market interest in cryptocurrencies.

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