Italy Implements Comprehensive Crypto Regulations Under MiCAR Framework by 2025

Italy has solidified its cryptocurrency regulatory framework in alignment with the EU's Market in Crypto Asset Regulation (MiCAR), establishing robust investor protections and transparency standards for digital assets. The government's Decree 95/2025 extends the registration deadline for virtual asset service providers (VASPs) to December 30, 2025, providing additional compliance flexibility.

Taxation and licensing regimes now reflect global best practices, while the Garante data protection authority has clarified privacy consent requirements for marketing activities—a development particularly relevant to crypto asset service providers handling sensitive user data. This regulatory clarity positions Italy as a growing hub for institutional crypto adoption within the European bloc.