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The European Union this year finalized the legal text for its bloc-wide crypto regulatory framework, which will set up a passportable licensing system for companies looking to serve its 27 member states. The framework, called Markets in Crypto Assets (MiCA), is set to come into effect in 2024. Source
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AC Milan, a popular soccer team in the Italian Serie A league and the current champion, announced the launch of a new non-fungible token (NFT)-based project. The organization established a partnership with Monkeyleague, a Solana-based Web3 soccer game, which became its official NFT partner to launch a new series of
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Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy
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Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters of Lazio will be able to use the tokens to also take advantage of various discounts. Lazio Fans to Buy
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The Ministry of Economic Development of Italy has announced that certain blockchain projects will qualify to apply for up to $46 million in government subsidies starting from September.In a Tuesday announcement, the Ministry said companies and public or private research firms will be able to apply for funding from the
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The Italian luxury brand Michele Franzese Moda has announced the firm is accepting crypto assets for payments. The company revealed the decision via Michele Franzese Moda’s online magazine in an article called “Its Time for Crypto.” Italian luxury Brand Michele Franzese Moda Says ‘Its Time for Crypto’ According to the company’s fashion
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In the pursuit of economic sustainability, northern Italian hydropower producers are turning to bitcoin mining. Original Source
Read MoreItaly's largest payments firm Nexi has struck a deal with its rival, SIA, to create a digital payments behemoth with a market cap of 15 billion euros ($17.6 billion). It's estimated the new entity will take a domestic market share of 70%.According to a report from Reuters on Oct. 5,
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