sicurezzacrypto

#SicurezzaCrypto
The new crypto rules in Italy from 2026

Starting July 1, 2026: only MiCA authorized exchanges can operate, approved by Consob/Banca d’Italia.

Unauthorized operators must shut down or transfer customers to licensed platforms.

Heavy obligations for exchanges (CASP) that must comply with standards similar to banks and SIM:

- Mandatory MiCA license
- Transparent governance and identified responsible parties
- Minimum capital requirements
- Advanced IT systems and security
- Enhanced AML/CFT (anti-money laundering)
- Prohibition on delegating critical services (e.g., custody) to unauthorized entities

End of VASP: all become CASP
Old VASPs registered with OAM must:
- have submitted a MiCA application by December 30, 2025
- obtain authorization by June 30, 2026

Those who do not comply are out of the Italian market.

Strict rules on stablecoins
- ESMA and Banca d’Italia highlight risks surrounding stablecoins, fraud, and synthetic identities.
- “Significant” stablecoins will face even stricter requirements.

From January 1, 2026: tax revolution (DAC8), Italy adopts the European DAC8 directive:

- Exchanges are obligated to report users' tax data to the Revenue Agency.
- Automatic information exchange similar to bank accounts.
- Obliged to collect:
- name, address, date of birth
- tax code
- corporate data and beneficial owners (for companies)

Goal: total traceability of crypto transactions.

Mandatory due diligence on every user, exchanges must verify:
- identity
- tax residency
- consistency of data with AML

Non-EU operators cannot offer services to European clients.
- The only exception is reverse solicitation (if the client is seeking the operator).

Every token must have a MiCA-compliant whitepaper with:
- team, utility, risks and roadmap

Continues in the comments

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