Italy

Bank of Italy study finds stablecoins no cheaper or faster than traditional remittances

Bank of Italy researchers found stablecoin remittances offered no systematic cost or speed advantage over traditional channels due to fiat on- and off-ramp frictions.In...

Italy Probes Retail Crypto Risks Amid Rising Global Regulatory Fragmentation

Italy's financial authorities launched a detailed review into retail investors’ exposure to cryptocurrencies amid growing financial sector links and regulatory gaps.The focus is on...

Central Banks from France, Italy, Malaysia, and Singapore Join BIS Project to Revolutionize Retail FX Payments

The BIS Innovation Hub revealed Project Rialto, connecting central banks from France, Italy, Malaysia, and Singapore to explore retail cross-border payments. The project integrates domestic...

Italy’s Largest Bank Makes $1M Bitcoin Purchase, Adds 11 BTC to Balance Sheet

Italy's largest bank Intesa Sanpaolo purchased 11 Bitcoin worth over $1 million. The bank made this acquisition through its proprietary trading desk on January 13,...

Italy: 26% tax on cryptocurrency gains

Profits from trading cryptocurrencies will be taxed at 26% from 2023, according to a new law included in Giorgia Meloni's government budget and approved...

SIA blockchain sureties a sure thing in south Italy – FinTech Futures

SIA’s blockchain infrastructure will be used by the south Italian Municipality of...

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Senate GOP Updated Clarity Act Targets Fake DeFi, Vote Set

Senate Republicans released an updated Clarity Act on Thursday targeting non-decentralized crypto trading protocols.The bill would require protocols controlled...

TSMC revenue hits record $16.3B, AI demand fuels 53% jump

TSMC reported a record August revenue of NT$514.8 billion ($16.3 billion), marking a 53.3% year-over-year increase and its fourth...

AI Leaves Banks Minutes to Fix Flaws: BIS

A BIS paper warns that AI is shortening the time banks have to repair software vulnerabilities.The authors say routine...