Visco spoke of the importance of regulating crypto, and outlined global, European and Italian initiatives underway during a speech on the global economic situation in Milan. Although the economies of Italy and the euro area are decelerating, because the sector’s ties to traditional finance are weak, last year’s crypto market collapse did not have any “systemic consequences” on “the real economy,” he said.
Italy Setting Up Crypto Environment That Meets EU’s New Laws, Central Bank Governor Says
