carina smit

The EU Commission defends itself against attacks from the White House and the MAGA world but simultaneously emphasizes that the US 'remains our greatest ally.'
'When it comes to decisions concerning the European Union, these are made by the European Union, for the European Union, including those related to our regulatory autonomy, the protection of freedom of expression, and the international order based on rules.' This is what a spokesperson for the EU Commission said today in response to the unprecedented concentric attacks that arrived in the last 24 hours from Donald Trump's United States. First, there were the leaks to the press about the withdrawal from commitments to conventional military protection of the Old Continent from 2027. Then the US national security strategy predicted a 'cancellation of civilization' for Europe due to immigration, censorship, and the 'suppression of political opposition,' directly accusing EU institutions of 'undermining freedom and political sovereignty.' Finally, today, the 'death threat' outright made today by Elon Musk for the EU following the €120 million fine imposed yesterday on X. In the first official reaction entrusted to an anonymous spokesperson – no response so far from Ursula von der Leyen – the Commission thus claims its full political and regulatory independence.

There is an uproar over the words dedicated to Europe in the document containing the new National Security Strategy of the United States: President Donald Trump dismisses the Old Continent and warns that if things do not change, it risks the 'real prospect of the cancellation of its civilization.'

In the 33 pages of the file, all under the banner of America First, the head of the White House outlines his priorities and uses harsh words for his historical European allies, criticizing them on all fronts, from migration policies to 'censorship of freedom of speech,' including his 'unrealistic expectations' regarding the war in Ukraine. There is also the intention to weaken NATO: 'It cannot be considered a constantly expanding alliance.' Trump would like - according to Reuters' sources - for Europe to take control of the Alliance starting in 2027.

From January 1, 2025: the exemption threshold of €2,000 is eliminated. This means that any capital gain, even minimal, will be taxable.
5. Future scenarios and distinction between “classic cryptos” and euro tokens (2026 onwards)
According to the current regulatory framework, the taxation at 33% (from 2026) will apply to capital gains from “classic” crypto-assets (e.g., Bitcoin, Ethereum, non-euro stablecoins, NFTs, etc.).
However, the draft of the 2026 budget law (October 2025) includes a reduced rate of 26% for “electronic money tokens denominated in euros” (i.e., euro-compliant stablecoins, pegged to the euro, with reserves in euros in Europe).

From January 1, 2025: the exemption threshold of €2,000 is eliminated. This means that any capital gain, even minimal, will be taxable.

1. The starting point: 2023 — crypto no longer 'tax-free'
Since 2023, Italy has introduced specific tax regulations for crypto-assets: capital gains (and other income) arising from the transfer, reimbursement, exchange, or holding of cryptocurrencies are considered 'other income' according to art. 67, co. 1, lett. c-sexies) of the TUIR.