Author

Topic: [2019-2-9]Italy Plans Launching National Strategy on Blockchain & AI by March (Read 111 times)

hero member
Activity: 1680
Merit: 655
According to reports from Italy, the country’s legislators have approved a bill which has been described as Rome’s first attempt to legally regulate certain aspects of the industry built around cryptocurrencies. As we reported back in January when it was introduced, the bill creates legal definitions for terms associated with the crypto sector such as “smart contract” and “distributed ledger technology” and mandates that the country’s Agenzia per l’Italia Digitale must create specific technical standards these technologies will be expected to meet within a certain time period.
Seen the latest news with regards to cryptocurrency regulation in Italy which is related to this. Although they haven't specified what the bill contains yet with them seeking advice from their Ministy of Economic Development and not their Central Bank (unlike India) this only gives us a clue that the bill will be in favor for the cryptocurrencies, I'm surprised that it took them almost a year just to start the bill which has been planned since March of last year nevertheless the Italian government's views towards cryptocurrency has been good so far so I wouldn't see any drastic change aside from taxes and regulation towards crypto related companies.
full member
Activity: 434
Merit: 246
My initial thought was "Is this news somehow connected with the (IMF) Lagarde's suggestion to the governments to create their own cryptocurrencies?" But then I saw that they wanted to start working on strategy and legislation to regulate the crypto space the way Malta and some other European countries had done.

If countries like Italy and France are going to take blockchain technology seriously and endorse it even if the most insignificant way, I'd say it is a pretty positive development for the entire cryptospace. Thanks for sharing.
sr. member
Activity: 966
Merit: 264
The two groups of high-level experts selected by the Italian government first met at the Ministry of Economic Development to explain two major national strategies in the sectors of blockchain technology and artificial intelligence (AI). The next meeting is scheduled for Fri Feb 8, Agora Vox reports.

One of the selected experts in the blockchain technology group, Gian Luca Comandini, elaborates that:

“It is important not to lose further time and ground and work hard to achieve the set goals.”

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italy-plans-strategy/

Jump to: