Italy Plans to Regulate Crypto Market: Stricter Rules and Higher Fines

Italy is tightening cryptocurrency regulations to prevent money laundering, cybersecurity risks, and financial instability through stricter oversight and penalties. The Italian government's provisions aim for a safer and more protected system for investors and the overall financial landscape.

Italy and EU Crypto Regulations: MiCA Implementation

Authorities in Italy are navigating the evolving landscape of digital assets. As a Member State of the European Union, Italy is subject to EU regulations concerning digital assets. A significant development is the implementation of the Markets in Crypto-Assets Regulation (MiCA).

MiCA Comes into Force: What it Means for Italy

In 2025, the EU adopted the Markets in Crypto-Assets Regulation On, Regulation (EU) 2025/1114 on markets in crypto assets (‘MiCAR’) came into force, which ‘lays down uniform requirements for the offer to the public and admission to trading on a trading platform of crypto-assets other than asset-referenced tokens. Having operated in a regulatory gray area for many years, MiCA brings much-needed clarity to the Italian digital asset markets, paving the way for entry by banks and other traditional financial institutions.

Fines and Penalties for Crypto Violations in Italy

Italy’s draft decree imposes fines up to 5 million euros for crypto violations, addressing global concerns about digital asset risks. The decree designates Italy’s central bank as the primary supervisory authority for crypto assets, strengthening enforcement and compliance. This signifies a proactive approach to mitigating risks associated with digital currencies.