In brief
- Italy’s financial watchdog cited rising risks from crypto’s deepening ties to mainstream finance and fragmented international oversight.
- The probe will examine protections for retail investors in both direct and indirect crypto holdings.
- Experts warn Europe’s tighter supervision will raise compliance costs but offer regulatory certainty and competitive advantages over looser jurisdictions.
Italy has opened an “in-depth review” of retail investors’ crypto exposure as digital assets gain traction in mainstream markets and patchwork rules complicate oversight.
The Macroprudential Policy Committee, made up of the Bank of Italy’s governor, insurance and pension regulators, and treasury officials, warned Thursday that risks…
Dec 05 2025
