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Italy’s Largest Bank Makes History With €1M BTC Purchase: Report

Italy’s largest banking institution, Intesa Sanpaolo, has reportedly bought Bitcoin worth €1 million. The transaction marks the first direct cryptocurrency purchase by a bank in the country, potentially reshaping its…

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Bank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptance

While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far…

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Sanctions Backfire: European Exporters Suffer More Than Russia

European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and…

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Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government…

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Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation

Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor…

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Italy Proposes Stringent Measures to Tackle Crypto Market Manipulation

Italy is taking steps to enhance surveillance of crypto assets and address associated risks. According to a draft decree reviewed by a news agency, the plan includes imposing high fines…

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