Italy Launches Review of Crypto Safeguards Due to Rising Risks
Italy's Economy Ministry initiated a detailed review of crypto safeguards amid concerns over rising risks and regulatory gaps.Summary
Italy's Economy Ministry has ordered a comprehensive review of existing protections for retail investors involved in direct and indirect crypto-asset investments. The decision, made by the Committee for Macroprudential Policies, which includes the heads of the Bank of Italy and Consob, stems from warnings that risks from crypto-assets could increase due to growing links with the wider financial system and inconsistent international regulations. Officials aim to identify gaps in current rules and recommend measures to strengthen safeguards for both investors and financial stability. This review follows recent regulatory activity in Italy, including a revised plan to increase the capital-gains tax on digital assets to 33% starting in 2026, after initial industry pushback against a proposed 42% hike.
(Source：Bitcoin Magazine)