Italy

Bitcoin Trading in Italy

Italy’s Bank ‘Banco Sella’ Allows Bitcoin Trading Service during COVID-19 Lockdown

The growing interest of crypto adoption and the COVID-19 outbreak encourages Italy’s popular bank ‘Banco Sella’ to launch a Bitcoin trading service in the country. Crypto traders can use the bank’s Hype platform to initiate their crypto trading. The bank will only act as an intermediate to mitigate potential security risks with cryptocurrency exchanges. While […]

crypto regulation in Italy

Italy’s Regulator Shuts Down 8 Crypto Trading & Foreign Exchange Sites

Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnate’s Feb 10 report, the Commissione Nazionale per le Societa e la Borsa (CONSOB) has accused these 8 FX sites of violating the Mifid2 and the Consolidated Law on France (TUF) for providing illegal […]

Italian Government Sets Up Blockchain Regulations

Italian Government Sets Up Blockchain Regulations

The Italian Government has published a decree dubbed as “Decreto Semplificazioni” for protection and regulation of the legal status of cryptocurrency and distributed ledger technologies. The new set of rules now considers blockchain as a legitimate tool for authentication of time of registration of contracts and documents.