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Italy

German-based 21X obtains EU license, eyes tokenization platform
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12 December, 2024

German-based 21X obtains EU license, eyes tokenization platform

Germany-based 21X received full approval from Germany’s financial authority, BaFIN. Meanwhile, MGA has been licensed by Italian authorities to operate...
Italy trims proposed 42% digital asset tax
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27 November, 2024

Italy trims proposed 42% digital asset tax

Italy currently imposes a 26% tax on digital asset gains, which the government wanted to hike to 42%, but lawmakers...
Italy to increase oversight of digital asset market
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25 June, 2024

Italy to increase oversight of digital asset market

The policy, moving Italy further towards the standards laid out by MiCA, also designates Italy's central bank and market watchdog,...
Project Leonidas update: Italian banks complete wholesale CBDC trial
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16 June, 2024

Project Leonidas update: Italian banks complete wholesale CBDC trial

The Italian Banking Association trialed a wholesale CBDC issuance within a DLT environment, with atomicity, transparency and traceability as the...
Italy: AI-using Trento city fined over data protection rules violations
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11 February, 2024

Italy: AI-using Trento city fined over data protection rules violations

Authorities fined the city for using artificial intelligence in street surveillance projects, which integrated an AI-powered facial recognition system in...
Italian regulator accuses OpenAI of violating data protection laws
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4 February, 2024

Italian regulator accuses OpenAI of violating data protection laws

OpenAI’s ChatGPT violates the provisions of the European Union’s GDPR, the regional bloc’s rule book on information privacy, according to...
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