Italy’s gold-reserve debate has returned to the centre of Europe’s market conversations, and this time the noise carries global consequences. Italy’s gold-reserve debate has created uncertainty across financial circles because it challenges long-standing rules around how Eurozone members handle their national gold. Italy’s gold-reserve debate also triggered an ECB warning on gold reserves, which intensified…
December 20, 2024December 20, 2024 Italy’s privacy watchdog has fined OpenAI 15 million euros ($15.58 million) after concluding an investigation into the use of personal data by ChatGPT. Italy’s privacy authority, Garante, fined OpenAI 15 million euros for not having proper legal grounds to process…
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European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized enterprises (SMEs) are struggling with disrupted payment systems and logistical challenges due to the sanctions. Italian businesses heavily reliant on Russian markets now face…
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Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%. The new policy reflects a trend among European countries tightening crypto regulations. PM Giorgia Meloni assures no new taxes for citizens despite the proposed increases. Italy is set to increase its capital gains tax on Bitcoin and other cryptocurrencies from 26%…
The Guardian’s Pippa Crerar and Kiran Stacey talk about Keir Starmer’s trip to Rome to meet Italy’s far-right PM, Giorgia Meloni, and discuss migrant boat crossings. Plus, Pippa is in Brighton for the Lib Dem conference How to listen to podcasts: everything you need to know Source link
The Italian Banking Association (ABI) has successfully completed a trial for the issuance of a central bank digital currency (CBDC) in a distributed ledger technology (DLT) environment. Dubbed Project Leonidas, it focused on interbank settlements, with atomicity, traceability and transparency cited as the major benefits. The ABI recently published a report on Project Leonidas, revealing…