- Crypto service providers need a MiCA license from CONSOB or from the regulator of another EU country. The Italian transitional period for providers registered with the OAM ended on 30 June 2026.
- Individuals pay a flat substitute tax on crypto gains and income: 26% until 2025 and 33% from 1 January 2026 (26% for euro e-money tokens). The €2,000 tax-free threshold was abolished from 2025.
- Swapping one crypto for another with the same characteristics and functions, such as bitcoin for ether, is not taxed.
- Every resident reports crypto in the monitoring section of the return (quadro RW, or quadro W in the 730), wherever it is kept, and pays 0.2% a year on its value unless an Italian intermediary already charges stamp duty.
- Companies pay IRES at 24% plus IRAP. Since 2026 crypto providers collect customer data for the Agenzia delle Entrate (DAC8); the first report is due by 30 June 2027.
This guide covers private individuals and companies that hold, trade or accept crypto in Italy. It does not cover issuing tokens. This page gives the overview; each topic has its own page with the details, examples and sources. It is general information, not legal or tax advice.
Key figures
| Item | Figure | Details |
|---|---|---|
| Tax on crypto gains and income (2026) | 33% (26% until 2025) | Personal tax |
| Euro e-money tokens (2026) | 26% | Personal tax |
| Tax-free threshold | None since 2025 (€2,000 until 2024) | Personal tax |
| Tax on the value of crypto held (2025 and 2026) | 0.2% a year | Holding tax |
| Income tax return 2025 | 730 by 30 September 2026; Redditi PF online by 2 November 2026 | Deadline calendar |
| Penalty for crypto missing from quadro RW (2026) | 3% to 15% of the undeclared amount | Penalties |
| Corporate income tax (2026) | IRES 24%, plus IRAP (standard rate 3.9%) | Business tax |
| First DAC8 report (on 2026) | 30 June 2027 | DAC8 |
| Self-hosted wallet check | Transfers above €1,000 | Self-custody |
Legal status
Italy applies the EU Markets in Crypto-Assets Regulation (MiCA). CONSOB, the securities regulator, licenses crypto-asset service providers after consulting the Banca d’Italia, and the two share supervision. Since 1 July 2026 a registration with the OAM is no longer enough to serve Italian customers. More on regulation.
Tax for individuals
Gains from selling crypto for euros, buying goods with it or swapping it for a different kind of crypto, and income such as staking rewards, are taxed at a flat 33% from 2026. There is no longer a tax-free amount, and transaction fees are not deductible. Residents also pay 0.2% a year on the value of their crypto. The rates, a worked example and the rules for staking and moving are on personal tax.
Tax for companies
Companies pay IRES at 24% plus IRAP. Crypto gains count when a company sells or swaps crypto, but changes in value at year-end do not count for tax. Exchanging crypto for euros is exempt from VAT. More on business tax.
Reporting and filing obligations
Gains go in quadro RT of the Redditi PF return or quadro T of the 730, and holdings in quadro RW or W, one line per wallet or account. For tax year 2025 the 730 was due by 30 September 2026 and the online Redditi PF return is due by 2 November 2026. Since 2026 crypto providers report customer data under DAC8, first by 30 June 2027. The full calendar, record-keeping and penalties are on filing and deadlines.
Exchanges and KYC
Check a provider in the ESMA register before you use it, and check that the legal entity you sign up with is the licensed one. Expect identity checks and the EU travel rule on transfers. Which exchanges may serve Italy, and their fees and features side by side, are on exchanges.
Self-custody
Your own wallet does not need to be registered, but it goes in quadro RW and the 0.2% tax applies to it like crypto on a foreign exchange. Losing your keys is not a deductible loss. For transfers above €1,000 to or from your own wallet, the provider checks whether the wallet is yours. More on regulation.
Sources
Each topic page lists all the sources it uses. The main ones:
- Agenzia delle Entrate: Circolare n. 30/E del 27 ottobre 2023, Trattamento fiscale delle cripto-attività (last checked October 2026)
- Normattiva: Legge 30 dicembre 2024, n. 207 (Legge di Bilancio 2025), article 1, paragraphs 24 to 29 (last checked October 2026)
- Normattiva: Legge 30 dicembre 2025, n. 199 (Legge di Bilancio 2026), article 1, paragraph 28 (last checked October 2026)
- Agenzia delle Entrate: Redditi Persone fisiche 2026, modello e istruzioni (last checked October 2026)
- Normattiva: Decreto legislativo 5 settembre 2024, n. 129 (MiCA implementation) (last checked October 2026)
- CONSOB and Banca d’Italia: Termina il periodo transitorio del regolamento MiCA sulle cripto-attività in Italia: 9 soggetti abilitati (30 June 2026) (last checked October 2026)
- ESMA: Markets in Crypto-Assets Regulation (MiCA), interim MiCA register (last checked October 2026)
- Normattiva: Decreto legislativo 10 dicembre 2025, n. 194 (DAC8 implementation) (last checked October 2026)
This page is general information, not legal or tax advice. Rules and rates change, so check the official sources before you act.