The Central Bank of Italy has established cooperation with cryptocurrency companies to ensure regulation.

On Feb. 17, according to a Cointelegraph report, the Central Bank of Italy and securities regulators are in discussions with cryptocurrency service providers to ensure that there are sufficient safeguards in place to address financial and cybersecurity risks.

The Governor of the Bank of Italy, Fabio Panetta, discussed key issues related to crypto assets, digital finance, and the cybersecurity risks associated with global and European regulation, during the 31st Assiom Forex Annual Conference held on Feb. 15.