The Italian government has announced that 30 blockchain experts will help integrate the technology at the state level.
Italy News
Italy, officially the Italian Republic, is a unitary parliamentary republic located along the Mediterranean Sea. The Italian economy is the eighth-largest in the world and is built upon a large number of small and medium-sized enterprises, with most of them focused on niche markets and luxury products. Italy has both a large agricultural sector and a large, technologically-advanced manufacturing industry. Italy didn’t have any special Bitcoin regulations and there was no legal framework for cryptocurrency in Italy until 2018. Currently, Italian professionals in the blockchain industry, such as exchanges and investors, are required to be registered by the Institution of Agents and Mediators by providing documentation data and the websites of businesses. Italy does not have cryptocurrency taxes, but a list of cryptocurrency agents will be available to the Financial Police to conduct investigations of money laundering and terrorism funding.
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The Italian securities regulator has prohibited the activity of “Avacrypto” for allegedly violating securities laws.
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by Helen Partz
Italian securities watchdog CONSOB has halted two projects for allegedly offering fraudulent crypto investments.
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A statement from Maltese regulators requires site OriginalCrypto to stop serving the Italian and Maltese markets.
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During an EU meeting, seven southern EU member states released a declaration asking for help in the promotion of blockchain.
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by Helen Partz
French retail giant Auchan has expanded its blockchain products’ traceability solution after successful a 18-month pilot in Vietnam.
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by Ana Berman
Italian securities watchdog CONSOB has ordered cease and desist orders on several crypto-related firms for offering unauthorized financial services.
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by Helen Partz
A group of 14 Italian banks has successfully completed the initial stage of its blockchain-powered interbank system project.
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by Ana Berman
Italy will join an EU blockchain partnership with 26 member states, local MP Mirella Liuzzi confirms in an interview.
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Italy’s Juventus soccer club is following Paris Saint-Germain to opt into issuing its own fan token.
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Coinbase has debuted a new feature allowing users to purchase gift cards with cryptocurrency from brands such as Uber.
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by Matteo Vena
Naples, cryptocurrencies and ICOs: analysis of the city council's new project and interview with Mayor Luigi de Magistris.
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by Helen Partz
BitGrail exchange reported the seizure of bitcoins by local authorities, following an order by an Italian court.
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The deputy governor of the Bank of Italy gave a wide-ranging keynote address focused on central bank digital currencies at a conference yesterday in Milan.
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A Chinese county procuratorate has prosecuted the last four suspects reportedly involved in ponzi scheme OneCoin.
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