stablecoins arent crypto in EU anymore, its e-money. No tax on converting to euros.

IIRC all cryptocurrency that's money is money (so bitcoin, ethereum, etc but not necessarily project-specific tokens) and if you happen to make or lose money on a currency conversion it doesn't have tax implications.

nope. not the case at all.

why its fucking high ??

Italy has progressive taxes on salary, with marginal rates from 23% to 43%. The latter on income above €50k

And if you've got taxes like that on earned income - shouldn't people with unearned income pay just as much? If your tax on investment gains is too small, you end up with an economy where the salaried worker renting a house pays more tax than their landlord, who owns ten houses.

I think America’s tax policy and redistribution scheme have made it the country where private individuals have the most money in the world - and that saying the landlord should pay just as much tax disincentivizes wealth concentration!

Same in a lot of countries - he said profits - it’s a taxable gain like any other asset or holding.

I don't know. It used to be 26%, like capital gains from shares, securities, etc. but since 1st January 2026 crypto is taxed at 33% unless it's euro stablecoins (still 26%).

At this point, I think most crypto investors in Italy will just evade taxes altogether.

But we are talking here about assets you just receive. Not buy and resell.

You can't buy bread with stable coins