The Italian government revealed incentives for technological developments related to blockchain and AI. A statement published by The Ministry of Economic Development (Ministero dello Sviluppo Economico or MISE) says certain blockchain and other tech projects will be able to apply for up to $46 M as...
The Italian authorities published last week a law to combat money laundering through digital currencies. The document was approved by the government in January. It lists the requirements for crypto companies providing digital asset exchange services, local media reported. Each crypto company must...
An investigation by the Italian tax police, together with the South Tyrol provincial prosecutor's office, found that 14 people associated with the OneCoin pyramid were accused of aggravated fraud. The investigation established that three brothers from South Tyrol, living abroad, together with the...
Today, another country's regulatory announced concerns about the crypto exchange Binance. Italy's market watchdog Commissione Nazionale per le Società e la Borsa (Consob) said Binance wasn't authorized to operate in the country. Thus, Italy becomes the latest country to do so. Consob published a...
More and more countries are declaring the need to implement cryptocurrency regulation. This week with the same statement was made by the National Commission on Joint Stock Companies and Exchanges of Italy. The chairman of this department, Paolo Savona, stressed that if the state cannot establish...
The Italian Banking Association (ABI) announced last week that the country's banks are ready to test the digital euro. ABI includes more than 700 Italian banks. The association expressed a desire to help accelerate the introduction of the digital currency (CBDC) from the ECB by participating in...
Clients of the Italian bank Banca Sella got the opportunity to carry out operations with bitcoin. Transactions go through the Hype platform. The Bank acts as an intermediary to prevent potential security risks when exchanging on crypto exchanges. The platform is already adopted by about 1.2 million...
Juventus Italian Football Club announces the release of a collection of digital cards featuring its players. They can be purchased through the Solare blockchain platform, reports Cointelegraph. Fans will be able not only to collect tokens with football players, for example, with Cristiano Ronaldo...
Italy's Securities regulator, CONSOB had shut down two crypto investing and subordinate trading websites and six outside trade sites. According to the ongoing report, CONSOB had charged these sites for abusing the Consolidated Law on Finance (TUF) and Mifid2 for offering illegal trading and items....
Finextra published that starting from March 2020 The Italian Banking Association (ABI) is going to deploy blockchain technology to manage reconciliations. The primary thing that’ll be implemented in the banking system of Italy is the distributed ledger technology for agreements acceleration....
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