The Italian government has officially approved an innovative legislative decree concerning the issuance of bonds and shares in the form of tokens through the use of blockchain technology. With the collaboration of Daniele Marinelli from DTSocialize holding, let’s analyze the implications of this significant step forward in the world of finance.

The fusion of traditional finance and Blockchain

Italy takes a leap into the future by merging the world of traditional finance with blockchain technology. With the adoption of a European regulation, it will now be possible to exchange certain financial instruments, such as stocks and bonds, in the form of tokens. This revolutionary transformation stems from a decree aimed at simplifying and digitizing the FinTech sector and the circulation of financial instruments.

Syncing with EU Regulation

Aligning with the requirements of the European Union, Italy has introduced national regulations in response to Regulation (EU) 2022/858. This not only strengthens Italy’s position in the field of digital finance, ensuring it does not lag behind other European countries, but also ensures that the country does not get involved in infringement proceedings by the EU.

Beyond stocks and bonds: a wide range of Tokens

Innovation does not stop at stocks and bonds alone. The decree has outlined a series of financial instruments that can be tokenized, including limited liability company debt securities, deposit receipts, and money market instruments, thus expanding opportunities for Italian investors and businesses.

Regulatory sandbox: a testing environment for FinTech

The decree has also laid the foundation for a “regulatory sandbox.” This is a digital environment where Italian FinTech companies can test new digital solutions in collaboration with regulatory authorities. This initiative ensures that companies can experiment and innovate in a protected environment, minimizing risks before launching products and services in the market.

Daniele Marinelli’s opinion

Daniele Marinelli, CEO, and founder of DTSocialize (DTCoin), as well as the owner of uShare marketing and an expert in cryptocurrencies and blockchain, positively commented on the government’s decision. “The adoption of blockchain technology in the world of traditional finance is a sign of progress and modernization. Italy thus demonstrates a forward-thinking vision, ready to embrace the opportunities offered by the digital realm.”

Marinelli also emphasized the importance of the regulatory sandbox as a turning point for Italian FinTech startups, allowing them to grow and innovate securely. In conclusion, with these decisions, Italy marks a new chapter in the evolution of finance, demonstrating a clear intention to keep pace with the times and make the most of emerging technologies.