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Italy's Cipollone Wins EU Lawmakers' Backing for ECB Board Job

(Bloomberg) Piero Cipollone, who’s nominated to join the European Central Bank’s Executive Board, cleared a key hurdle in the process by winning the backing of lawmakers in the European Parliament.Most Read from BloombergIsrael Latest: Army Stops Lebanon Incursion, Calls Up 300,000Israel Latest: Over 1,100 Dead; US Sends Warships to RegionSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingOil Surges as Israel Conflict Reignites Middle East VolatilityThe assembly’s Committee on Economi ....

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ECB to write to Italy raising objections over windfall tax on banks

The European Central Bank (ECB) is preparing to send a letter to Italy raising objections about the government's windfall tax on banks' profits, the Corriere della Sera daily wrote on Friday. The letter will criticize the fact Rome announced the tax last week without previously informing either the Bank of Italy or the ECB as it is supposed to do under EU rules, the newspaper wrote, without citing sources. The tax risks weakening Italy's banks and its economy in general, the ECB will say in the letter to be sent within "a couple of weeks" at the latest, the article said. ....

Stefano Bernabei , Gavin Jones , European Central Bank , Federica Urso , Windfall Tax , Bank Of Italy ,

Bank of Italy's Milano Hub partners with Cetif Advisory to explore DeFi for institutional investors

Bank of Italy's Milano Hub partners with Cetif Advisory to explore DeFi for institutional investors
kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.

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Italian Central Bank-Backed Hub Taps Polygon, Others to Bring TradFi Deeper Into DeFi

The aim is to create an environment where more TradFi institutions can get involved in DeFi minus the risks facing retail investors. ....

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Italy freezes Russian oligarchs' assets worth €2 Billion

As part of the EU sanctions imposed against Moscow following the invasion of Ukraine, Italy has frozen assets belonging to Russian oligarchs totaling approximately €2 billion ($2.18 billion), The Guardian reported on July 4. These include bank accounts, luxury villas, yachts, and cars. ....

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