Italy has ordered an in-depth review of existing cryptocurrency risk prevention measures.

According to a report by Jinse Finance, the Bank of Italy and other financial regulatory authorities stated on Thursday that the Italian Ministry of Economy has ordered an in-depth review of existing cryptocurrency risk prevention measures, as such risks are considered likely to continue rising. The regulators said in a statement: “We have launched an in-depth review of whether the current safeguards for direct and indirect retail investor investment in crypto assets are adequate.”

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