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THE WORLD FAREWELLS FRANCISCO First image of the body of Pope Francis, who passed away on April 21 at the age of 88. The Pontiff, who humbly transformed the recent history of the Church, will be displayed starting this Wednesday in St. Peter's Basilica in the Vatican. Rest in peace, Francisco... #PapaFrancesco #italy
THE WORLD FAREWELLS FRANCISCO

First image of the body of Pope Francis, who passed away on April 21 at the age of 88.

The Pontiff, who humbly transformed the recent history of the Church, will be displayed starting this Wednesday in St. Peter's Basilica in the Vatican.

Rest in peace, Francisco...

#PapaFrancesco #italy
#GuessBTCsBottom According to Wired Italia, Italy’s largest banking group Intesa Sanpaolo purchased 11 #Bitcoins with a total value of approximately 1 million euros. This is the first case in #Italy of direct cryptocurrency trading by a financial institution.
#GuessBTCsBottom According to Wired Italia, Italy’s largest banking group Intesa Sanpaolo purchased 11 #Bitcoins with a total value of approximately 1 million euros.

This is the first case in #Italy of direct cryptocurrency trading by a financial institution.
🚨 JUST IN: Italy 🇮🇹 Urges EU 🇪🇺 to Delay Counter-Tariffs on U.S. 🇺🇸 Until April 30 Rome is calling for calm amid rising transatlantic trade tensions. Italy has officially urged the European Union to hold off on retaliatory tariffs against the United States—at least until April 30. Why This Matters: With markets already on edge from Asia’s crash and Trump’s aggressive tariff moves, Europe is now at a crossroads: ➡️ Escalate and risk a full-blown trade war ➡️ Pause and buy time for negotiations—or political change? The Big Question: Is Italy trying to de-escalate, or just waiting to see who wins the U.S. power game? The world is watching… Who blinks first? #EUvsUS #Tariffs #TradeWar #Italy #TrumpTariffs #MarketWatch $TRUMP {spot}(TRUMPUSDT)
🚨 JUST IN: Italy 🇮🇹 Urges EU 🇪🇺 to Delay Counter-Tariffs on U.S. 🇺🇸 Until April 30

Rome is calling for calm amid rising transatlantic trade tensions. Italy has officially urged the European Union to hold off on retaliatory tariffs against the United States—at least until April 30.

Why This Matters:
With markets already on edge from Asia’s crash and Trump’s aggressive tariff moves, Europe is now at a crossroads:
➡️ Escalate and risk a full-blown trade war
➡️ Pause and buy time for negotiations—or political change?

The Big Question:
Is Italy trying to de-escalate, or just waiting to see who wins the U.S. power game?

The world is watching…
Who blinks first?

#EUvsUS #Tariffs #TradeWar #Italy #TrumpTariffs #MarketWatch
$TRUMP
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🇮🇹 Italy says US stablecoins are more dangerous than US tariffs. Let’s talk about why Europe’s worried… and what this could mean for crypto. 🧠👇 1. Italy’s Finance Minister says stablecoins like USDT & USDC are a “systemic risk” to Europe’s economy — even more than U.S. trade policy. He warned the EU needs to act fast or risk losing monetary sovereignty. 2. The fear? That stablecoins will flood European markets with U.S.-denominated assets… …and weaken control over EU monetary policy. Translation: The U.S. could end up exporting its financial dominance via crypto rails. 3. U.S. lawmakers are already working on stablecoin regulation — and Europe’s catching up fast. The ECB recently approved pilot programs for a digital euro, pushing back on dollar-denominated competition. 4. So what does this mean for crypto? Stablecoins are no longer “just stable.” They’re becoming weapons of monetary influence. Expect more regulation. But also… more adoption. Final Thoughts: The stablecoin wars have started, compas! This time, it’s not about memes — it’s about who controls the future of money. What side are you on? #CryptoNews #Stablecoin $USDC $USDP #USDT #Europe #Italy
🇮🇹 Italy says US stablecoins are more dangerous than US tariffs.

Let’s talk about why Europe’s worried… and what this could mean for crypto. 🧠👇

1.
Italy’s Finance Minister says stablecoins like USDT & USDC are a “systemic risk” to Europe’s economy — even more than U.S. trade policy.

He warned the EU needs to act fast or risk losing monetary sovereignty.

2.
The fear? That stablecoins will flood European markets with U.S.-denominated assets…

…and weaken control over EU monetary policy.

Translation: The U.S. could end up exporting its financial dominance via crypto rails.

3.
U.S. lawmakers are already working on stablecoin regulation — and Europe’s catching up fast.

The ECB recently approved pilot programs for a digital euro, pushing back on dollar-denominated competition.

4.
So what does this mean for crypto?

Stablecoins are no longer “just stable.”
They’re becoming weapons of monetary influence.

Expect more regulation. But also… more adoption.

Final Thoughts:
The stablecoin wars have started, compas!

This time, it’s not about memes — it’s about who controls the future of money.

What side are you on?
#CryptoNews #Stablecoin $USDC $USDP #USDT #Europe #Italy
In Italy, cryptocurrency transactions are subject to taxation. As of January 1, 2025, capital gains from crypto assets are taxed at a rate of 26%, with the exemption for gains under €2,000 removed. The European Union's Markets in Crypto-Assets (MiCA) regulation, effective from December 2024, introduces comprehensive rules for crypto assets, including stablecoins. MiCA aims to enhance transparency and consumer protection across member states. Converting cryptocurrencies into DAI is currently permitted in Italy because DAI is a decentralized stablecoin, pegged to the US dollar and backed by overcollateralized assets through the MakerDAO protocol. The MiCA (Markets in Crypto-Assets) regulation, effective in late 2024, will standardize the treatment of stablecoins across Europe. Until then, DAI remains compliant as a non-custodial stablecoin under current Italian regulations. It's essential to comply with tax regulations and report all crypto-related activities accurately. Consulting with a tax professional can provide personalized advice tailored to your situation. #Taxes #italy
In Italy, cryptocurrency transactions are subject to taxation. As of January 1, 2025, capital gains from crypto assets are taxed at a rate of 26%, with the exemption for gains under €2,000 removed.
The European Union's Markets in Crypto-Assets (MiCA) regulation, effective from December 2024, introduces comprehensive rules for crypto assets, including stablecoins. MiCA aims to enhance transparency and consumer protection across member states.

Converting cryptocurrencies into DAI is currently permitted in Italy because DAI is a decentralized stablecoin, pegged to the US dollar and backed by overcollateralized assets through the MakerDAO protocol. The MiCA (Markets in Crypto-Assets) regulation, effective in late 2024, will standardize the treatment of stablecoins across Europe. Until then, DAI remains compliant as a non-custodial stablecoin under current Italian regulations.

It's essential to comply with tax regulations and report all crypto-related activities accurately. Consulting with a tax professional can provide personalized advice tailored to your situation.

#Taxes #italy
Crypto Investment Among Italians Soars 10% in Just Two Years The number of Italians owning crypto has significantly increased, more than doubling in just two years from 2022 to 2024, data released Tuesday by Italian financial regulator Consob showed. However, this growing popularity doesn’t necessarily mean a corresponding rise in understanding about these digital assets. A survey of over 2,000 investors conducted earlier this year found that the internet is the primary source of investment information for most Italian investors. Television follows at a distant second, with social media and financial platforms sharing the third spot. Meanwhile, print and online newspapers are more popular than information from financial institutions. Most Financial Decision Makers Are Men Over 50, Consob Data Shows Further, Consob said that social media is a more significant source of financial information for younger adults, women, lower-income households, and those with less financial knowledge. However, while it influences initial research, its impact on final investment decisions is minimal, with only 3% of respondents relying on social media advice. The study points out that typically, the person making financial decision s in a household is the highest earner, who also manages the finances. In 78% of these cases, this individual is a man, averaging 51 years old. Most investors prioritize capital preservation over growth, with 81% focusing on protecting their investments compared to 55% seeking to increase their wealth. Italian Central Bank to Enforce EU MiCA Law with New Crypto Guidelines Italy is taking steps to increase oversight of the cryptocurrency market. In June, the country announced plans to introduce strict regulations, including hefty fines for market manipulation. Additionally, the Italian central bank is developing guidelines to implement the EU Markets in Crypto Assets (MiCA) law, which is set to take effect later this year. #bitcoin #italy $BTC
Crypto Investment Among Italians Soars 10% in Just Two Years

The number of Italians owning crypto has significantly increased, more than doubling in just two years from 2022 to 2024, data released Tuesday by Italian financial regulator Consob showed.

However, this growing popularity doesn’t necessarily mean a corresponding rise in understanding about these digital assets.
A survey of over 2,000 investors conducted earlier this year found that the internet is the primary source of investment information for most Italian investors.

Television follows at a distant second, with social media and financial platforms sharing the third spot. Meanwhile, print and online newspapers are more popular than information from financial institutions.
Most Financial Decision Makers Are Men Over 50, Consob Data Shows
Further, Consob said that social media is a more significant source of financial information for younger adults, women, lower-income households, and those with less financial knowledge. However, while it influences initial research, its impact on final investment decisions is minimal, with only 3% of respondents relying on social media advice.

The study points out that typically, the person making financial decision
s in a household is the highest earner, who also manages the finances. In 78% of these cases, this individual is a man, averaging 51 years old.

Most investors prioritize capital preservation over growth, with 81% focusing on protecting their investments compared to 55% seeking to increase their wealth.

Italian Central Bank to Enforce EU MiCA Law with New Crypto Guidelines
Italy is taking steps to increase oversight of the cryptocurrency market. In June, the country announced plans to introduce strict regulations, including hefty fines for market manipulation.

Additionally, the Italian central bank is developing guidelines to implement the EU Markets in Crypto Assets (MiCA) law, which is set to take effect later this year. #bitcoin #italy $BTC
NEWS: Italy is reportedly in talks with Elon Musk's company Starlink on a $1.6 billion deal to provide the country's government with secure telecommunications — the largest such project in Europe. #starlink #italy
NEWS: Italy is reportedly in talks with Elon Musk's company Starlink on a $1.6 billion deal to provide the country's government with secure telecommunications — the largest such project in Europe.

#starlink #italy
⚔️ MUSK - VS - ZUCKERBERG ⚔️ Elon Musk announced that the fight will be managed by his and Zuck’s foundations (not UFC). Livestream will be on his platform and Meta and there will be an epic location but the it seems that from Italy there is a NO for the Colosseum. What location do you think is the best for this fight? #musk #zuckerberg #fight #italy #colosseum
⚔️ MUSK - VS - ZUCKERBERG ⚔️

Elon Musk announced that the fight will be managed by his and Zuck’s foundations (not UFC). Livestream will be on his platform and Meta and there will be an epic location but the it seems that from Italy there is a NO for the Colosseum.

What location do you think is the best for this fight?

#musk #zuckerberg #fight #italy #colosseum
🚨Italy’s Largest Bank Dives into Bitcoin!🇮🇹💥 Intesa Sanpaolo, Italy’s top bank, just grabbed 11 BTC (~$1M), marking the first direct crypto move by an Italian bank.🏦🔥 Could this signal a new crypto era in Italy? Meanwhile, crypto capital gains tax may rise from 26% to 42%.😱 #Bitcoin #CryptoNews #Italy
🚨Italy’s Largest Bank Dives into Bitcoin!🇮🇹💥

Intesa Sanpaolo, Italy’s top bank, just grabbed 11 BTC (~$1M), marking the first direct crypto move by an Italian bank.🏦🔥

Could this signal a new crypto era in Italy? Meanwhile, crypto capital gains tax may rise from 26% to 42%.😱

#Bitcoin #CryptoNews #Italy
Read this care fully Let me tell you what’s Happening World Stock markets today 🇭🇰 #hongKong : -13.6% 🇹🇼 #Taiwan : -9.6% 🇯🇵 #Japan : -9.5% 🇮🇹 #Italy : -8.4% 🇸🇬 #Singapore : -8% 🇸🇪 #sweden : -7% 🇨🇳 #China: -7% 🇨🇭 #Switzerland: -7% 🇩🇪 #Germany: -6.8% 🇪🇸 #Spain: -6.4% 🇳🇱 #Netherlands: -6.2% 🇦🇺 #Australia: -6.2% 🇫🇷 #France: -6.1% 🇬🇧 #UK: -5.2% 🇲🇾 #Malaysia: -4.5% 🇵🇭 #Philippines: -4.3% 🇮🇳 #India: -4.1% 🇷🇺 #Russia: -3.8% 🇸🇦 #Saudi : -3.3% 🇹🇷 #Turkey : -2.8% You all confuse What really happening in financial markets ? Everywhere Cercuit Breakers are Hitting in Stockmarkets. Deep Crashes Everywhere. One after the 2020 Covid Crash. The Reason ? Trump Tariffs. So your Next Questions will be Whats all this ? Where Market is Heading ? Why Trump is doing this ? Let's know the Reason. US have Hit $32B Hit Debt Ceiling. What Does that Mean ? **They Cannot issue More Debt !** So ? Goverment Cannot Finance itself Means ? US government is Not able to finance its own Local government spending like Government employees salary, infrastructure etc. Then? Cannot they issue more tax , Raise Tax ? How much do they actually Need ? Full 32B$ immediately? No ! **9B$ immediately to pay off** Tax have been collected for 4B$ Rest 5B$ ? SHORT ? Yes, they are only left with one option. **Issue more debt out of thin air to refinance this 9B$ debt** So why are they Not Doing Straight away ? Interest Rates are High Now ! So ? If they issue More Debt Now, at these High Rates, Government Have to Pay more. So ? Bring down interest Rates downwards. So ? **Raise tariffs , Bring Domestic Players to Markets, Boost Imports than Exports**. Less inflation and less intrest rates by Next Month is trump's move. So these all happening for this big chess move. Yes. For Now It's Not a Pullback. It's a downtrend untill we update with more confirmation
Read this care fully

Let me tell you what’s Happening

World Stock markets today

🇭🇰 #hongKong : -13.6%
🇹🇼 #Taiwan : -9.6%
🇯🇵 #Japan : -9.5%
🇮🇹 #Italy : -8.4%
🇸🇬 #Singapore : -8%
🇸🇪 #sweden : -7%
🇨🇳 #China: -7%
🇨🇭 #Switzerland: -7%
🇩🇪 #Germany: -6.8%
🇪🇸 #Spain: -6.4%
🇳🇱 #Netherlands: -6.2%
🇦🇺 #Australia: -6.2%
🇫🇷 #France: -6.1%
🇬🇧 #UK: -5.2%
🇲🇾 #Malaysia: -4.5%
🇵🇭 #Philippines: -4.3%
🇮🇳 #India: -4.1%
🇷🇺 #Russia: -3.8%
🇸🇦 #Saudi : -3.3%
🇹🇷 #Turkey : -2.8%

You all confuse What really happening in financial markets ?

Everywhere Cercuit Breakers are Hitting in Stockmarkets.
Deep Crashes Everywhere.
One after the 2020 Covid Crash.

The Reason ?

Trump Tariffs.

So your Next Questions will be
Whats all this ?

Where Market is Heading ?

Why Trump is doing this ?

Let's know the Reason.

US have Hit $32B Hit Debt Ceiling.

What Does that Mean ?

**They Cannot issue More Debt !**

So ?

Goverment Cannot Finance itself

Means ?

US government is Not able to finance its own Local government spending like Government employees salary, infrastructure etc.

Then?

Cannot they issue more tax , Raise Tax ?

How much do they actually Need ?

Full 32B$ immediately?

No !

**9B$ immediately to pay off**

Tax have been collected for 4B$

Rest 5B$ ? SHORT ?

Yes, they are only left with one option.

**Issue more debt out of thin air to refinance this 9B$ debt**

So why are they Not Doing Straight away ?

Interest Rates are High Now !

So ?

If they issue More Debt Now, at these High Rates, Government Have to Pay more.

So ?

Bring down interest Rates downwards.

So ?

**Raise tariffs , Bring Domestic Players to Markets, Boost Imports than Exports**.

Less inflation and less intrest rates by Next Month is trump's move.

So these all happening for this big chess move.

Yes.

For Now It's Not a Pullback. It's a downtrend untill we update with more confirmation
See original
#BTC‬ #italy #tax If the Italian government definitively approved the crypto taxation at 42% for capital gains 2025, what would you do? Many Italian users could sell by December 2024 to pay the current tax of 26% and close their accounts on exchanges. Why give almost half of the profits made with a lot of risk and with money already taxed (salary, income from self-employment, etc.) to give the state an additional 42%? Italian investors, what will you do?
#BTC‬ #italy #tax If the Italian government definitively approved the crypto taxation at 42% for capital gains 2025, what would you do? Many Italian users could sell by December 2024 to pay the current tax of 26% and close their accounts on exchanges. Why give almost half of the profits made with a lot of risk and with money already taxed (salary, income from self-employment, etc.) to give the state an additional 42%? Italian investors, what will you do?
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I have read several messages on crypto taxation in Italy, often inaccurate. Let's start with the basics: taxation was 26%, it remains 26%. Capital gains are paid on all earnings, once the operation is closed. If I have closed operations at a loss, the capital losses will lower the total capital gains (perhaps bringing the whole thing into negative territory). Capital gains must be paid on both trading and staking. Since they are considered different incomes, the staking earnings can in turn offset the capital losses (which is not possible with dividends and interest on government bonds). It should also be noted that we do not think in watertight compartments: if I have capital gains from trading on crypto and capital losses from other investments I can use the former to recover the capital losses within 4 years. Last point: in 2026 the capital gain will be taxed at 33%. Given that many things can change in 12 months (the discussion on 42% teaches us), perhaps in the next few months we will discover that 33% will be extended to all asset classes (excluding government bonds and similar). In essence: let's think about earning, then worry about the taxes to pay! #BTC‬ #tax #italy
I have read several messages on crypto taxation in Italy, often inaccurate. Let's start with the basics: taxation was 26%, it remains 26%. Capital gains are paid on all earnings, once the operation is closed. If I have closed operations at a loss, the capital losses will lower the total capital gains (perhaps bringing the whole thing into negative territory). Capital gains must be paid on both trading and staking. Since they are considered different incomes, the staking earnings can in turn offset the capital losses (which is not possible with dividends and interest on government bonds). It should also be noted that we do not think in watertight compartments: if I have capital gains from trading on crypto and capital losses from other investments I can use the former to recover the capital losses within 4 years. Last point: in 2026 the capital gain will be taxed at 33%. Given that many things can change in 12 months (the discussion on 42% teaches us), perhaps in the next few months we will discover that 33% will be extended to all asset classes (excluding government bonds and similar). In essence: let's think about earning, then worry about the taxes to pay!

#BTC‬ #tax #italy
No to Trade Wars: UK, Australia, and Italy's Unified Message Global Leaders Unite on Trade In a show of unity, UK Prime Minister Keir Starmer, Australian Prime Minister Anthony Albanese, and Italian Prime Minister Giorgia Meloni recently discussed trade policies over phone conversations. Key Takeaways: - Unified Front Against Trade Wars: The leaders agreed that trade wars are not in anyone's interest, promoting cooperation and diplomacy in international trade. - UK's Stance on Trump's Tariff Policies: Prime Minister Starmer will take a cautious approach, avoiding retaliation against US President Donald Trump's tariff policies. - Fostering Global Economic Stability: The unified stance aims to promote stability in the global economy and encourage fair trade practices. Why This Matters: - Encourages cooperation and diplomacy in international trade - Promotes stability in the global economy - Supports fair trade practices What's Next? The world watches as these global leaders work together to shape the future of international trade. #TradePolicies #GlobalLeaders #UK #Australia #Italy #Economy #Cooperation #Diplomacy

No to Trade Wars: UK, Australia, and Italy's Unified Message

Global Leaders Unite on Trade
In a show of unity, UK Prime Minister Keir Starmer, Australian Prime Minister Anthony Albanese, and Italian Prime Minister Giorgia Meloni recently discussed trade policies over phone conversations.

Key Takeaways:
- Unified Front Against Trade Wars: The leaders agreed that trade wars are not in anyone's interest, promoting cooperation and diplomacy in international trade.
- UK's Stance on Trump's Tariff Policies: Prime Minister Starmer will take a cautious approach, avoiding retaliation against US President Donald Trump's tariff policies.
- Fostering Global Economic Stability: The unified stance aims to promote stability in the global economy and encourage fair trade practices.

Why This Matters:
- Encourages cooperation and diplomacy in international trade
- Promotes stability in the global economy
- Supports fair trade practices

What's Next?
The world watches as these global leaders work together to shape the future of international trade.

#TradePolicies #GlobalLeaders #UK #Australia #Italy #Economy #Cooperation #Diplomacy
BREAKING: 🇮🇹🇺🇸 Italy’s PM Giorgia Meloni says retaliating against US tariffs with more tariffs is not a good idea. #Meloni #Italy #USTariffs $SOL
BREAKING: 🇮🇹🇺🇸 Italy’s PM Giorgia Meloni says retaliating against US tariffs with more tariffs is not a good idea.

#Meloni #Italy #USTariffs $SOL
#italy $ $ $ 📢 Aggiornamento importante sulla tassazione delle criptovalute in Italia 🇮🇹 Secondo le nuove disposizioni: 🔹 2025: La tassa sulle plusvalenze da vendita di criptovalute scenderà al 26% (dal precedente 42%). 🔹 2026: L'aliquota salirà nuovamente al 33%. ❗ Novità importante: verrà eliminata la soglia di esenzione di 2.000€, quindi tutte le transazioni, anche le più piccole, saranno tassate. La tassazione delle crypto supererà così quella degli asset tradizionali in Italia: 📌 Bond statali: 12,5% 📌 Azioni e altri titoli: 26% 📌 Crypto (dal 2026): 33% 🚀💥 L'Italia si posiziona quindi tra i Paesi con la tassazione crypto più alta in Europa e nel mondo. Cosa ne pensi? ❗VOTA
#italy $ $ $
📢 Aggiornamento importante sulla tassazione delle criptovalute in Italia 🇮🇹

Secondo le nuove disposizioni:
🔹 2025: La tassa sulle plusvalenze da vendita di criptovalute scenderà al 26% (dal precedente 42%).
🔹 2026: L'aliquota salirà nuovamente al 33%.

❗ Novità importante: verrà eliminata la soglia di esenzione di 2.000€, quindi tutte le transazioni, anche le più piccole, saranno tassate.

La tassazione delle crypto supererà così quella degli asset tradizionali in Italia:
📌 Bond statali: 12,5%
📌 Azioni e altri titoli: 26%
📌 Crypto (dal 2026): 33%

🚀💥 L'Italia si posiziona quindi tra i Paesi con la tassazione crypto più alta in Europa e nel mondo.

Cosa ne pensi?

❗VOTA
- meno tasse sulle plusvalenze
91%
+ più tasse sulle plusvalenze
9%
596 votes • Voting closed
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#italy #BTC Good morning guys, in the last 24 hours, the price has fluctuated between a low of $98,702 and a high of $102,702. Are we in sight of a new ATH? In the last three days, #bitcoin has shown an upward trend, moving from around $97,000 to above $101,000. Currently, the key support and resistance levels are: Support: $98,000 Resistance: $103,000 These levels are crucial in determining the future directions of the price. Keep in mind that the cryptocurrency market is highly volatile and prices can change rapidly. ‼️This is not financial advice.‼️
#italy #BTC
Good morning guys, in the last 24 hours, the price has fluctuated between a low of $98,702 and a high of $102,702.
Are we in sight of a new ATH?

In the last three days, #bitcoin has shown an upward trend, moving from around $97,000 to above $101,000.

Currently, the key support and resistance levels are:

Support: $98,000
Resistance: $103,000
These levels are crucial in determining the future directions of the price.

Keep in mind that the cryptocurrency market is highly volatile and prices can change rapidly.
‼️This is not financial advice.‼️
Italy to Increase Crypto Market Surveillance with High Fines Italy is getting ready to tighten its oversight of crypto assets with strict rules to stop market abuse. A new proposed law could soon bring hefty fines ranging from 5,000 to 5 million euros for things like insider trading, illegally sharing secret information, and manipulating cryptocurrency markets.This comes as worries about the risks of digital currencies grow worldwide. Global organizations and central banks have warned that cryptocurrencies don’t have a stable value and could cause economic problems. Cases of fraud involving cryptocurrencies have also sparked concerns around the globe.Italy’s plan follows a European rule from last year that gives its central bank and financial regulator, Consob, the job of ensuring markets work well and are financially safe.Cryptocurrencies work outside regular banks, letting people move money globally using blockchain technology. This tech keeps transactions safe by using unique digital wallet addresses of letters and numbers. Italy’s move to crack down on crypto market tricks shows a wider trend of countries making rules to control cryptocurrencies more tightly. By punishing market manipulation and other wrongs with big fines, Italy aims to protect investors and keep financial markets honest. This reflects a global effort to carefully manage cryptocurrencies’ risks and benefits. #italy #BNBHODLer #Megadrop #BinanceTournament #CertiKvsKraken
Italy to Increase Crypto Market Surveillance with High Fines
Italy is getting ready to tighten its oversight of crypto assets with strict rules to stop market abuse. A new proposed law could soon bring hefty fines ranging from 5,000 to 5 million euros for things like insider trading, illegally sharing secret information, and manipulating cryptocurrency markets.This comes as worries about the risks of digital currencies grow worldwide. Global organizations and central banks have warned that cryptocurrencies don’t have a stable value and could cause economic problems. Cases of fraud involving cryptocurrencies have also sparked concerns around the globe.Italy’s plan follows a European rule from last year that gives its central bank and financial regulator, Consob, the job of ensuring markets work well and are financially safe.Cryptocurrencies work outside regular banks, letting people move money globally using blockchain technology. This tech keeps transactions safe by using unique digital wallet addresses of letters and numbers.
Italy’s move to crack down on crypto market tricks shows a wider trend of countries making rules to control cryptocurrencies more tightly. By punishing market manipulation and other wrongs with big fines, Italy aims to protect investors and keep financial markets honest. This reflects a global effort to carefully manage cryptocurrencies’ risks and benefits.
#italy #BNBHODLer #Megadrop #BinanceTournament #CertiKvsKraken
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