Italy Cracks Down On Crypto: New Law Tightens Risk Surveillance

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Bitcoinist 6d ago

Italy Cracks Down On Crypto: New Law Tightens Risk Surveillance - Bitcoinist

Quick Summary:

Italy is tightening its grip on the cryptocurrency market with a new draft decree set for approval this week.

The move signals a stricter regulatory approach aimed at curbing manipulation and boosting oversight, aligning with the European Union’s broader push for crypto regulation.

The Bank of Italy’s expertise in financial matters will be crucial in preventing systemic risks, while Consob’s experience in regulating traditional markets will be invaluable in tackling crypto-specific challenges.