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Italy: Decree introducing registration requirement for virtual currency and digital wallets

Progress

Current status
in force
18 May 2022 in force
17 Feb 2022 in grace period
13 Jan 2022 adopted

Scope

Implementers
Italy
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
central government
Implementation Level
national

Timeline of events

18 May 2022
in force

Implementation of Decree introducing registration requirement for virtual currency and digital wallet service providers

On 18 May 2022, the Italian credit brokers organization (OAM) implements the decree introducing a mandatory registration requirement for virtual currency and digital wallet service providers operating in Italy. The dedicated section of the register …

Source
Event type order
Action type implementation
Government branch executive
Government body other regulatory body
17 Feb 2022
in grace period

Entry into force of Decree introducing registration requirement for virtual currency and digital wallet service providers

On 17 February 2022, the decree introducing a mandatory registration requirement for virtual currency and digital wallet service providers operating in Italy enters into force with a grace period until the register is prepared. Particularly, virtual…

Source
Event type order
Action type in force with grace period
Government branch executive
Government body central government
13 Jan 2022
adopted

Adopted Italian Decree introducing registration requirement for virtual currency and digital wallets

On 13 February 2022, the Italian Ministry of Economy and Finance (Ministry) adopted a decree introducing a mandatory registration requirement for virtual currency and digital wallet service providers operating in Italy. Particularly, virtual currenc…

Source
Event type order
Action type adoption
Government branch executive
Government body central government