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Italy is considering raising its capital gains tax on crypto to 42% as part of efforts to reduce the fiscal deficit. Bitcoin (BTC) holders could soon face nearly two-fold tax increase in Italy, as the government plans to raise the…
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Luxury sports car maker Ferrari is broadening its crypto payment options across Europe in response to demands from its wealthy clientele. Ferrari is set to start accepting crypto payments among its European dealers network by the end of July, less…
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Bank of Italy Governor Fabio Panetta announced guidelines focusing on bank-issued electronic money tokens under new E.U. crypto asset rules to stabilize the payment system. The Bank of Italy is set to introduce guidance on crypto for financial institutions to…
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Backed by PayPal, fintech connection layer Mesh has unveiled a partnership with Italy’s crypto wallet Conio. American fintech startup Mesh has announced a partnership with Italian crypto wallet Conio, aiming to broaden its reach to multiple crypto trading platforms such…
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Italy is reportedly considering increasing fines for crypto crimes as part of measures to reduce market manipulations. Italy‘s government is mulling tougher penalties for those who manipulate the crypto market, Reuters has learned, citing a draft decree. The proposed legislation,…
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On Dec. 5, Italy's Banca d’Italia and South Korea's Bank of Korea have joined forces in a pioneering agreement to share knowledge and collaborate on developing central bank digital currencies (CBDCs) and other financial technologies.
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Maranello, Italy-based Ferrari plans to bring the new payment option to Europe in the first quarter of 2024. Bitcoin (BTC), Ether (ETH) and USDC will be accepted.
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Italy's leading banking authority has emphasized the need for a strong and risk-based regulatory framework surrounding stablecoins.
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Coindesk reported via a Tweet on Dec.30 that the Italian parliament has approved a new capital gains tax on cryptocurrency gains in its 2023 budget.
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Crypto lending solution, Nexo has been granted permission to operate as a virtual currency platform in Italy by the regulatory authorities in the country Nexo now live in Italy Nexo, a leading centralized lending platform, has announced that it has…
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Gemini continues its expansion in Europe, announcing new regulatory approvals in Italy and Greece. Gemini infiltrates the Italian and Greek market The Italian and Greek regulators have approved Gemini exchange to offer its trading and custody services. Gemini has registered…
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Crypto exchange Coinbase announced on Monday that it had secured a crypto asset service provider license in Italy. The license is a significant step forward in the company’s ambition to expand its foothold in Europe. Coinbase Gets the Green Light…
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Giorgio Chiellini, the football star who has led Italy to the finals of the Euro 2020 today announced the launch of his NFT collection on Blockasset. Chiellini Unveils NFT Collection Italian Football team captain and Juventus legend Chiellini today unveiled…
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The head of Italy’s securities market regulatory body Commissione Nazionale per le Società e la Borsa (CONSOB), has expressed concern over the lack of regulation for cryptocurrency, stating that the continuous use of unregulated crypto assets poses certain risks. Consob…
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Italian motorcycle manufacturer Soriano Motori has become the first motorcycle manufacturer to accept cryptocurrencies as a payment method worldwide. This is a major milestone in blockchain adoption in the automobile industry within the European scene. Four Cryptocurrencies Supported The Italian…
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Reale Mutua, a major Italian mutual insurance firm, recently announced the issuance of a blockchain surety bond as part of a national project dubbed “Fideiussioni Digitali” backed by the Italian central ban, Ledger Insights reports August 7, 2020. Aim to…
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