Dec 27, 2018 at 18:32
Blockchain Movement: Italy Embraces Digital Innovation Amid Unfriendly Web Tax
Italy is largely looking into future investment, innovation and technological advancement in the cryptocurrency world. Therefore, to pass the budget law that was recently approved by the Italian Senate with less effort, a good plan, program and roadmap by the government are needed as quickly as possible. The State is largely focusing on the future and wants to compete favourably among other European giant countries.
Dec 26, 2018 at 10:21
Blockchain Projects Among Italian Financial Institutions Growing, Research Shows
Italy is having mixed reactions to the blockchain and crypto industry, but how do real financial institutions deal with distributed ledger technology (DLT). The Fintech & Insurtech report of the homonymous observatory of the Milan Polytechnic shows that DLT is being highly adopted in different banks operating within the country.
Italian Watchdog Warns & Ceases Unlicensed Crypto Mining Operators
The Italian financial regulator strongly warned against two unlicensed cryptocurrency firms, which are involved in schemes to motivate crypto investors to mine or invest in digital currencies. The financial regulator began collecting information about these two platforms after getting several complaints related to them. A One Richmond Investing, an FX broker, also didn't survive being blacklisted by La Commissione Nazionale per le società e la Borsa (CONSOB). CONSOB's key activity is safeguarding the investing public.
14 Italian Banks Test Blockchain Tech for Interbank Reconciliations
The Banking Association of Italy (ABI) officially launched a Blockchain pilot to carry out a test on the technology for interbank reconciliations. ABI lab, the consortium’s technological laboratory will conduct out the trial and more 14 local banks will be initially involved in this process. The whole group will exploit the Cords platform that was developed by R3.