Potential Cryptocurrencies to Observe in August Due to Possible Pro-Bitcoin Stance by Italy
In the world of cryptocurrencies, Italy is making significant strides, with a growing interest in Bitcoin as a reserve asset and a more nuanced approach to taxation.
Italy's Bitcoin Reserve: A Discussion in Progress
As of August 2025, Italy is considering the establishment of a Bitcoin reserve as part of its national assets. However, this remains a discussion rather than an active government priority. Practical challenges such as a lack of budget classification for seized crypto assets and fragmented custody complicate immediate implementation. Italian lawmaker Marcello Coppo, a key voice in crypto regulation, expects the Bitcoin reserve topic to inevitably arise but notes it is not yet a current focus[1][3].
Crypto Taxation in Italy: A Balancing Act
Regarding crypto taxation, there is a current flat capital gains tax rate of 26% on crypto profits, set to increase to 33% in 2026. Coppo opposed this increase and has submitted a formal motion to either equalize crypto taxes with other capital gains or delay the hike, with potential intervention planned in the parliamentary “Milleproroghe” session later in the year[1][2]. Italy also offers an alternative “substitute portfolio tax” at 18% on total crypto holdings (due annually), plus an annual 0.2% wealth tax on crypto assets held abroad. For individuals engaged in crypto trading as a business, standard progressive personal income tax rates (23%-43%) apply[2].
Emerging Crypto Projects: Maxi Doge and Bitcoin Hyper
In the realm of new crypto projects, Maxi Doge is currently in presale, with each token priced at $0.0002505. Maxi Doge aims to overtake Dogecoin's supremacy[4]. Bitcoin Hyper ($HYPER), on the other hand, is a project aimed at bringing faster speeds, lower fees, and enhanced programmability to the Bitcoin blockchain[5]. Over $7M has been raised in early-stage funding for Bitcoin Hyper, reflecting strong investor interest and belief in its long-term potential[6].
The Rise of XRP
In the meme coin sector, $SPX and $MOG have achieved impressive all-time returns of 63,609,205% and 506,579% respectively. However, XRP, another meme coin, has also seen significant growth. XRP gained over 35% in July after breaking out of a long-standing descending triangle pattern. The XRP Ledger is in the process of adding smart contract capabilities, including an Ethereum-friendly sidechain[7]. Furthermore, Standard Chartered predicts that XRP could reach $12.5 by 2028[8].
This evolving regulatory environment reflects Italy’s cautious but growing engagement with Bitcoin both as a reserve asset and a taxable investment vehicle, with ongoing debates about tax fairness and reserve diversification[1][2][3]. It also showcases the vibrant and dynamic landscape of new crypto projects, with Maxi Doge and Bitcoin Hyper promising to bring innovation to the cryptocurrency market.
[1] Italian Parliament Discussion on Bitcoin Reserve [2] Italian Crypto Taxation Policy [3] Interview with Marcello Coppo on Bitcoin Reserve [4] Maxi Doge Presale Information [5] Bitcoin Hyper Project Overview [6] Bitcoin Hyper Funding Raised [7] XRP Ledger Smart Contract Capabilities [8] Standard Chartered XRP Prediction
- In the realm of finance and technology, Italy's consideration of a Bitcoin reserve as part of their national assets signals a shift towards embracing cryptocurrencies in their lifestyle and self-development, although practical challenges delay its immediate implementation.
- In the general news category, Italian lawmaker Marcello Coppo is pushing for a fairer crypto taxation system, opposing the proposed increase in the capital gains tax rate and advocating for either equalization with other capital gains or delaying the hike.
- In the entertainment and education-and-self-development sectors, new crypto projects like Maxi Doge and Bitcoin Hyper, with their innovative features and significant investment, are steering the discussion towards the future of finance, technology, and sports, particularly in the world of cryptocurrencies.
