News with the tag "Bank of Italy"

The Bank of Italy has warned that President Donald Trump’s aggressive push to normalize crypto could wreck the global financial system. In a financial stability report published on Tuesday, officials in Rome said the United States’ growing support for crypto assets risks making them so important tha...

The Bank of Italy governor, Fabio Panetta, has urged the ECB to heighten the process of slashing interest rates, citing targeted inflation and stagnant domestic demand. The governor urged the ECB to disregard its meeting-by-meeting policy and commit to faster rate cuts to lift the Eurozone economy.

Italy just shared that it plans to adopt European Union’s Markets in Crypto-Assets Regulation (MiCA) regulations, but made it clear that it doesn’t think Bitcoin and Ethereum are worth the networks they’re operating on. The central bank’s governor, Fabio Panetta, said at the Banking Association meet...

Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta revealed on Tuesday. In his speech to the Italian Banking Association,...

According to a draft decree released on Thursday, Italy plans to introduce stricter rules to manage the risks associated with crypto markets. The surveillance aims to prevent and punish insider trading, market manipulation, and unlawful information disclosure

Source: AdobeStock The Central Bank of Italy and South Korea have announced a partnership to collaborate on key areas like payment systems and IT in the development of Central Bank Digital Currencies (CBDCs). A Dec 5 press release by La Banca d’Italia disclosed the agreement which would see both cen...

Polygon continues to be a leading choice for real-world blockchain applications.

Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”