In a press release, Minister of Economic Development Giancarlo Giorgetti said, “We encourage the modernization of production systems through an interconnected, safe and fast management model and support companies’ investment in cutting-edge technologies to stay competitive. This requires continuous innovation of the manufacturing industry and harnessing the potential of new technologies.”
According to the decree, submitted in June 2022, companies of any size can apply for subsidies to use the funds in IoT, AI or blockchain for industry and manufacturing, tourism, health, environment and aerospace.
In May, Agenti e Mediatori (OAM), the regulatory approval body for crypto service providers in Italy, gave a green signal to Binance, one of the largest crypto exchanges, to open its branch in Italy.
Another thing to note here is that, as a member of the European Union, Italy may be affected by the recent regulations of the EU Parliament, which has allowed the Parliament to bring cryptocurrency issuers and service providers under its jurisdiction. Spoke of.