All eyes are on stablecoins: Law Decoded, April 10–17
A week before a hearing in Congress, the United States gets stablecoin regulatory framework. Go to Source Powered by WPeMatico
Italy
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First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation
A data breach and a lack of transparency led Italy to ban ChatGPT, the popular AI-powered chatbot, sparking a debate on the future of AI regulation and innovation. Go to Source Powered by WPeMatico
Italy ChatGPT ban: Data watchdog demands transparency to lift restriction
Italian regulator sets strict guidelines for OpenAI’s ChatGPT, mandating increased transparency and age verification measures to protect user privacy to lift restrictions. Go to Source Powered by WPeMatico
Italian regulator draws criticism for blocking AI chatbot ChatGPT
ChatGPT’s temporary ban in Italy over privacy concerns draws criticism from t figures in the tech industry and the country, including Deputy PM Matteo Salvini and expert Ron Moscona. Go to Source Powered by WPeMatico
LBank Secures Virtual Asset Provider Registration to Operate in Italy
PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of services and products to Italian users. On the 1st of February 2023, LBank completed its registration with the OAM as a … Read more
Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says
Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association. Go to Source Powered by WPeMatico
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operates the coin trading platform, which is one of the largest in South Korea. Italian Serie A Leader Napoli Secures Crypto Sponsorship From … Read more
Italy approves 26% capital gains tax on cryptocurrencies
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023. Go to Source Powered by WPeMatico
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held before Dec. 31, 2021, and a 0.5% fine for each … Read more
Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023
According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in 55 years. Meanwhile, Wells Fargo’s head of real asset strategy, John LaForge, contends … Read more