Italian market regulator Consob urges regulation of crypto assets

GoldenTen news, Italian market regulator Consob urges regulation of crypto assets. Paolo Savona, chief executive of Italian market regulator Consob, warned investors on Monday about the risks of cryptocurrencies. He noted that the technology on which cryptocurrencies are based makes it more difficult to detect criminal activity, including money laundering and terrorist financing, and Savona called for the establishment of a relevant national body through the European Systemic Risk Board to enhance macro stability.

Previous:

Next: