[ad_2][ad_1] A group of Italian banks is very active, as the test of the blockchain system pushes forward with more organizations and actions. As reported in October, 14 banks have passed the first phase with the help of ABI Lab, the technological laboratory supported by the Italian Banking Association (ABI). …
Read More »The Italian court denies the registration of companies that use cryptocurrency
[ad_2][ad_1] Companies in Italy that use cryptocurrency may no longer enjoy the traditional advantages of a decentralized economy. According to reports, companies based on the cryptographic mechanism or using cryptocurrency will not be able to register their business with the Business Register. The news broke out for the first time …
Read More »The Italian supervisory authority warns against three unregulated cryptocurrency companies
[ad_2][ad_1] Economics and regulation The Italian financial authority, the National Commission for Companies and the Stock Exchange (CONSOB), warned against three cryptocurrency companies engaged in programs to promote extraction and investment in cryptocurrency. CONSOB stated that the companies were neither authorized nor authorized to provide the services they had promised. …
Read More »Italian Banking Association Completes First Test of Blockchain-Based Interbank System
[ad_2][ad_1] The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29. By applying distributed ledger technology (DLT), the group of 14 Italian banks is planning to improve interbanking processes. Specifically, the association intends …
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