Italy Imposes Up to €5 Million Fines for Crypto Violations, Boosts Market Oversight

Italy is taking significant steps to address the regulatory challenges of the cryptocurrency market by imposing hefty fines for non-compliance. The draft decree empowers Italy’s central bank and Consob, aligning with European standards for a more unified regulatory framework. These regulatory measures are aimed at mitigating risks and enhancing market transparency. Italy’s new crypto regulations

Source: CoinOtag