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Monthly Archives: October 2024

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Italy set to raise Bitcoin capital gains tax to 42%

Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%. The new policy reflects a trend among European countries tightening crypto regulations. PM Giorgia Meloni assures no new taxes for citizens despite the proposed increases. Italy is set to increase its

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Alchemy Pay integrates Samsung Pay into its virtual card service

Alchemy Pay integrates its virtual card service with Samsung Pay for seamless crypto use Users can make purchases at retailers like Amazon and Netflix using crypto The integration simplifies setup and expands Alchemy Pay’s supported payment platforms Alchemy Pay has announced the integration of its

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Layer 1 payments network CrossFi launches EVM-compatible mainnet

CrossFi launched an EVM-compatible mainnet for scalable web3 payments. The network supports 10,000 TPS and bridges Ethereum assets seamlessly. Governance uses MPX tokens, with fees averaging $0.02 per transaction. Cross Finance, commonly known as CrossFi, has announced the launch of its EVM-compatible mainnet, marking a

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Stripe partners with Paxos to launch stablecoin payments platform

Stripe partners with Paxos to launch a stablecoin payments platform. Paxos’ platform supports PYUSD, USDC, and USDP for instant conversions. The initiative aims to cut costs and expand businesses’ global reach. Stripe has taken a significant step toward enhancing global payment solutions by partnering with

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