Bitcoin Bans Tightened by Banca d’Italia
Banca d’Italia mandates crypto firms to screen all transactions, eliminating minimum thresholds to prevent EU sanctions evasion, prioritizing blocking Russian actors over transfer speed. #Update #Legal
Banca d’Italia mandates crypto firms to screen all transactions, eliminating minimum thresholds to prevent EU sanctions evasion, prioritizing blocking Russian actors over transfer speed. #Update #Legal
@BancaSella becomes Italy’s first bank authorized by the Bank of Italy to offer cryptocurrency services by late 2026, including crypto-asset storage and transfer, while participating in a euro-backed stablecoin project. #Update #Crypto
Italy’s largest bank, @IntesaSanpaolo, boosted its cryptocurrency assets to $235M by March 31, 2026, investing in $ETH and $XRP while reducing its stake in Solana. #Update #Crypto $ETH $XRP
Italy’s market watchdog orders crypto firms to comply with regulations or exit the country, impacting local operations. #Breaking #Legal
Italy’s National Commission for Companies and the Stock Exchange (CONSOB) mandates cryptocurrency service providers to apply for a license by December 30, 2025, with a transition period until June 30, 2026. Non-compliant firms must cease operations and return client assets. #Update #Crypto
Bank of Italy Governor Fabio Panetta warns crypto’s integration with traditional finance could destabilize markets and erode trust in banks. #Update #Crypto (-6) ↘
@Tether_to significantly increased its stake in Juventus, holding over 10.12% of shares and 6.18% of voting rights as of April 15, 2025. #Update #Finance (+4) ↗
@PwC_Italy partners with SKChain Advisors to develop a blockchain-based digital identity product for the EU, aligning with eiDAS 2.0 and leveraging $ETH technology. #Update #Legal (+3) ↗
@intesasanpaolo conducted its first proprietary Bitcoin trade, acquiring 11 $BTC valued over $1 million to prepare for potential client interest in crypto assets. Analysts predict $BTC could double in value this year. #Update #Crypto $BTC (+3) ↗