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Bitcoin Daily: Italy plans the Blockchain Strategy

The Italian Ministry of Economic Development has published a list of 30 experts charged with developing the country's blockchain strategy.

Among the experts, Angiolini Giorgio, head of marketing at the telecommunications company Italtel and member of the blockchain group of UN INFO; Monaco Marco, head of the blockchain competence center of PWC Italia; Pimpinella Martino Maurizio, president of the Italian Association of payment service providers; and Vitale Marco, president of Blockrans, Quadrans Foundation, according to Coindesk.

The main objective of the group will be "to know, deepen and address the problem of DLP and blockchain technologies, as well as increase public and private investment in this direction". They will also be responsible for creating technical and regulatory tools for the nation's blockchain industry.

In other news, Craig Wright, the self-proclaimed inventor of bitcoin, had his move to reject a lawsuit against him denied by a US federal court.

According to Coindesk, Wright was sued by the estate of the late Dave Kleiman, a forensic computer investigator who disappeared in 2013. The lawsuit filed by Kleiman's brother states that Wright tried to "take over Dave's bitcoins and his rights. towards certain intellectuals "properties associated with bitcoin technology." The cause consists in asking for the return of most of the 1.1 million bitcoins (which currently are worth about $ 3.9 billion), or its "fair market value", as well as compensation for infringement of intellectual property.

"Here, the Court finds that the plaintiffs have sufficiently affirmed a conversion request.The modified complaint claims that the defendant converted at least 300,000 bitcoins to Dave's death and transferred them to various international trusts, which was not authorized to deprive the plaintiffs of the bitcoins they contain.Therefore, the plaintiffs' conversion request (count I) survives the defendant's motion to dismiss, "said court documents filed in the southern district of Florida.

And the bitcoin price had a boost over the weekend, rising above $ 300 at an average price of $ 3,842. Coindesk's analysis reveals that "so that the bulls now extend the rally to $ 5,000, the price of the bitcoin must scale the neckline of the inverse model of the widely observed head and shoulders – a bullish inversion indicator".



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