The Bank of Italy is preparing to implement the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulation. Notably, this significant move aims to preserve the smooth functioning of the payment system, according to recent reports. Besides, the upcoming guidelines by the bank will clarify how the new rules will apply, signaling a transformative phase for Italy’s crypto market.
Bank Of Italy To Implement MiCA
In the coming days, the Bank of Italy will release guidelines for the EU’s MiCA regulation. Governor Fabio Panetta, in a speech to the Italian Banking Association (ABI),…
