Italy decides on crypto regulation – but it still doesn’t like Bitcoin and Ether

Italy just shared that it plans to adopt European Union’s Markets in Crypto-Assets Regulation (MiCA) regulations, but made it clear that it doesn’t think Bitcoin and Ethereum are worth the networks they’re operating on. The central bank’s governor, Fabio Panetta, said at the Banking Association meeting yesterday, that: “Ethereum and Bitcoin have no intrinsic value […] source: https://www.cryptopolitan.com/italy-decides-on-crypto-regulation/