News Italy Currency: Italy’s Terrifying Currency Scheme is Insanely Bullish for Bitcoin
By CCN Markets: The Italian government is mulling the decision to issue a “parallel currency” in a move that could plunge the eurozone into crisis – and provide the best case yet for mass bitcoin adoption. In the same week, the Italian deputy prime minister proposed a tax grab on cash and valuables stored in safety deposit boxes. These crisis policies expose deep cracks in the fiat monetary system. The move prompted money historian Rebecca L. Spang to call for a new foundation of money. “The time has come for a new, more equitable, version of money.” While she doesn’t
News Italy Currency: Italy's Scary Parallel Currency Threat
Italy is the third-biggest economy in the monetary union, and had the bloc’s largest public debt in absolute terms last year. The League and the Five Star Movement, which have run the country in coalition since last June, have excluded any reference to “Ital-exit” in their governing program. This explains why a parliamentary motion on how the state pays the arrears it owes to commercial businesses, which Italy’s lower chamber passed last week, has caused such an uproar.
News Italy Currency: How would Italy’s ‘parallel currency’ work?
The Italian government is set to face off with the EU after threatening of launching a “parallel currency” in a riposte to calls for it to rein in its public spending programme. Is Italy’s budget ...
News Italy Currency: Montran Introduces Multi-Currency Virtual Account Management Platform for Italy’s Intesa Sanpaolo
Montran has announced the launch of an innovative multi-currency virtual account management platform for Intesa Sanpaolo, Italy’s premier banking institution with a global financial services presence.
News Italy Currency: Election risk? No sweat for bond investors in Italy, France
Bond market calm in the face of a possible government shake-up in Italy and French elections in April offers proof, if any were needed, that Europe’s display of solidarity during the pandemic has all ...
News Italy Currency: Cross-Currency Settlement of Instant Payments in a Multi-Currency Clearing and Settlement Mechanism
Currency Settlement of Instant Payments in a Multi-Currency Clearing and Settlement Mechanism', the new issue of the series 'Markets, infrastructures, payment systems'. Starting from the observed gap, ...
