Italy To Introduce Stricter Crypto Oversight And Regulation: Reuters https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718955516691-YAKIHONNES3.jpg Italy plans to implement stricter regulations for its crypto market, including significant fines for market manipulation and insider trading. According to a recent report by Reuters, the Italian government is preparing to introduce measures to enhance oversight of cryptocurrency activities. The draft decree reviewed by Reuters included considerable fines for relevant crimes.
Italy is planning to introduce measures to strengthen oversight and regulation of cryptoassets, according to a draft decree reviewed by Reuters. The proposed regulations aim to address the risks associated with cryptocurrencies and include high fines for market manipulation. The scheme aligns with the framework established by a European regulation and designates Italy's central bank and market watchdog