Latest Bank of Italy News

CBDC is a digital circuit of fiat currency that is issued by central banks

Business 21 June 2023

18 Italian banks collaborate for wholesale CBDC relying on blockchain

Exploring blockchain payment solutions, the Bank of Italy introduces Project Leonidas, a scheme that 14 local banks will drive in an attempt to promote financial stability and consumer protection.

Rome, Italy - August 3, 2018: Palazzo Koch, a Renaissance Revival palace on Via Nazionale in Rome, Italy and the current head office of the nation's central bank, the Banca d'Italia — Stock Editorial Photography

Business 9 February 2023

Digital assets and DLT have utility, but they must be strictly regulated: Italian central bank

“Crypto-assets with no intrinsic value” must be curtailed while also noting that digital assets can reduce cross-border costs, according to Bank of Italy Governor Ignazio Visco.