The investors in the class-action suit allege they lost “tens of millions” of dollars due to not being able to manage their positions and view their balances during peak trading hours.
Lack of crypto regulations alarming, says Italy’s stock market regulator
Crypto growing to a $1.6 trillion market without adequate regulations is a major worry for the head of Italy’s stock market oversight agency.
Banca Generali Leads $14M Round in Italian Crypto Custody Firm Conio
Banca Generali, a subsidiary of Italy’s largest insurer, will also help its customers hold bitcoin following the $14 million Series B.
Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody
A multinational payments firm is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets.
Around 100 Italian Banks Are Officially on a Blockchain
The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes.
Italian Banks Are Ready to Trial a Digital Euro
The Italian Banking Association announced last week that its banks were interested in piloting a digital euro.
Italy’s Leading Wire Service Is Using Ethereum to Thwart Copycats
Italy’s ANSA newswire is trialing an ethereum-based system to track every article it publishes in an effort to prevent impersonators from publishing fake news under its banner.
Bitcoin Community Funds Italian Red Cross Medical Facility to Combat Coronavirus
Bitcoin donations have funded a mobile medical center used to assess Italians potentially hit by the novel coronavirus.
Bitcoiners in Europe Reflect on Economic Shocks as Coronavirus Spreads
With assets from oil barrels to bitcoin being pulverized by the coronavirus slowdown, people worldwide are reevaluating their plans for crypto gatherings, especially in geographies where anti-COVID-19 measures are increasingly serious. In Milan, Italy, which was officially placed in lockdown by the Italian government on Sunday, bitcoin entrepreneur and meetup organizer Mir Liponi is facing […]
There’s a New Medici Bank After 500 Years, And This Time It’s Crypto-Friendly
A descendant of the famed Medici Italian banking family has opened a cryptocurrency-friendly bank in Puerto Rico.
Italy’s Senate Moves to Set Legal Foundation for Blockchain Timestamps
The Italian government could soon amend a law to allow legalized blockchain verification of documents.
Italy Announces 30 Experts to Lead National Blockchain Strategy
The Italian government has published a list of 30 experts brought together to develop the nation’s blockchain strategy.
Italian Bank Consortium Trials Interbank Transfers on R3’s Corda
Fourteen Italian banks say they have successfully completed the first phase of an interbank reconciliation trial utilizing R3’s Corda platform.
Juventus Soccer Club Is Launching a Crypto Token to Give Fans a ‘Voice’
One of the most popular soccer clubs in the world is launching a crypto token that it says will boost fan numbers by allowing them to “be heard.”
Bank of Italy Official: Central Banks Not Ready to Issue Digital Currencies
The Deputy Governor of the Bank of Italy believes that central banks are not yet ready to issue institute-backed digital currencies.