Italian Draft Law Proposes Heavy Fines For Cryptocurrency Market Manipulation

According to Odaily, a draft law under review in Italy proposes hefty fines for individuals manipulating the cryptocurrency market. This is part of a broader plan to strengthen risk monitoring in the industry. The document, which is expected to receive cabinet approval later today, stipulates fines ranging from 5,000 Euros ($5,400) to 5 million Euros for insider trading, illegal disclosure of insider information, or market manipulation.