The AML4 (Directive 2015/859 UE) was introduced in Italy with its publication in the Italian Official Journal of the Legislative Decree 25th May 2017, n. 90 (G.U. n. 140 of 19th June 2017) with the total reform of the legislative decree 231/2007.
Bitcoin was born through an online forum. Satoshi Nakamoto, Bitcoin’s founder, first published its white paper in late 2008 on the cypherpunk mailing list, which was used by cryptographers from around the globe beginning in the 1990s. Bitcoin’s initial growth was also largely driven by various online hacker forums.
After nearly 10 years of exploration of blockchain technology, we are at the pinnacle of innovation, with a range of major corporations to small businesses exploring blockchain opportunities and use-cases to cut costs and add value throughout the business process. However, these recent developments have equally attracted interest from regulators across continents; prominent amongst them being Europe.
Just because Grindelwald and Dumbledore had a deadly brawl during their quest to revolutionise magic doesn’t mean two great powers cannot be used in concert to change the world. This could be the worst way to start an important conversation about financial technology, but stick with me, it gets more interesting.