• BTC Dominance: %
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Italian government to give $46M in subsidies for blockchain projects

Jon Hartney by Jon Hartney
July 6, 2022
in Bitcoin, Blockchain, Business, Market
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023


Italy is supporting blockchain projects by allowing them access to government subsidies. The Ministry of Economic Development in the country has announced that some blockchain projects will qualify for a subsidy of up to $46 million.

Italian government to give $46M in subsidies

The Ministry issued an announcement on Tuesday saying that companies and research firms in both the public and private sectors would be eligible to apply for funding from the government to support projects operating in areas such as blockchain technology, the Internet of Things, and artificial intelligence.

The initial budget supporting this fund will contain 45 million euros, worth around $46 million. This funding is part of the objectives of the Italian government to support investments in the technology sector while also supporting research and innovation.

Giancarlo Giorgetti, the Minister of Economic Development in Italy, noted that this funding would go towards companies that invested in “cutting-edge technologies.” The government encourages people to use fast, secure and efficient models to support modern production systems.

Buy Bitcoin Now

Your capital is at risk.

The government noted that adopting innovative technologies would foster competitiveness. The directive by the government was supported by a decree released in December last year. At the time, the decree looked at how the fund would be used. Another funding in June 2022 also allowed the Ministry to establish the following terms and conditions in submitting the applications.

The decree noted that the companies that can apply for this funding would be of any size. These funds would support major technologies such as the Internet of Things (IoT), artificial intelligence, and blockchain technologies. The industries that would be supported by this funding include aerospace, environment, health, manufacturing, and tourism.

Crypto regulations in the EU

Italy is a member of the European Union, and its crypto market is governed by the regulations set by the EU Parliament. These regulations will ensure that crypto issuers and companies offering services in the sector are within the regulatory scope of the EU.

The crypto space in Italy is governed by the Italian Companies and Exchange Commission (CONSOB). The regulator has warned residents of the risks posed by cryptocurrency investments. The Organismo Agenti e Mediatori is tasked with giving the greenlight to crypto service providers. In May, the organization allows the Binance exchange to open a location in the country.

Read more:

  • How to buy Cryptocurrencies
  • How to buy Bitcoin

Lucky Block – Our Recommended Crypto of 2022

Our Rating

Lucky Block
  • New Crypto Games Platform
  • Featured in Forbes, Nasdaq.com, Yahoo Finance
  • LBLOCK Token Up 1000%+ From Presale
  • Listed on Pancakeswap, LBank
  • Free Tickets to Jackpot Prize Draws for Holders
  • Passive Income Rewards – Play to Earn Utility
  • 10,000 NFTs Minted in 2022 – Now on NFTLaunchpad.com
  • $1 Million NFT Jackpot in May 2022
  • Worldwide Decentralized Competitions

Lucky Block

Visit Site
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Read Entire Article
Tags: CryptocurrencyinsidebitcoinsInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Bitcoin derivatives data shows room for BTC price to move higher this week

by Jon Hartney
January 23, 2023
0

BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

by Jon Hartney
January 22, 2023
0

BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE...

Genesis bankruptcy case scheduled for first hearing

by Jon Hartney
January 22, 2023
0

The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings

Terra lending protocol Mars to launch mainnet

by Jon Hartney
January 22, 2023
0

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during...

Central African Republic eyes legal framework for crypto adoption

by Jon Hartney
January 22, 2023
0

A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in

Load More
  • Trending
  • Comments
  • Latest

Ethereum Classic gets ‘endorsement’ from Vitalik Buterin, but ETC price still risks 50% crash

July 27, 2022

Critique on Helium’s $6.5K monthly revenue causes a stir

July 28, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022

Cardano Vasil hard fork hit with another delay for several weeks

July 29, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0

Crypto owners banned from working on US Government crypto policies

0

Korean startup Uprise lost $20M shorting LUNC

0

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Genesis bankruptcy case scheduled for first hearing

January 22, 2023

Terra lending protocol Mars to launch mainnet

January 22, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Bitcoin derivatives data shows room for BTC price to move higher this week January 23, 2023
  • Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher January 22, 2023
  • Genesis bankruptcy case scheduled for first hearing January 22, 2023
  • Terra lending protocol Mars to launch mainnet January 22, 2023
  • Central African Republic eyes legal framework for crypto adoption January 22, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$23,139.000.15%
  • ethereumEthereum(ETH)$1,592.33-0.30%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.08%
  • usd-coinUSD Coin(USDC)$1.000.03%
  • binancecoinBNB(BNB)$307.51-0.02%
  • rippleXRP(XRP)$0.4120140.11%
  • Binance USDBinance USD(BUSD)$1.00-0.08%
  • cardanoCardano(ADA)$0.386548-0.69%
  • dogecoinDogecoin(DOGE)$0.0887241.24%
  • matic-networkPolygon(MATIC)$1.13-0.95%
  • OKBOKB(OKB)$39.860.84%
  • SolanaSolana(SOL)$24.00-1.78%
  • Lido Staked EtherLido Staked Ether(STETH)$1,589.29-0.29%
  • polkadotPolkadot(DOT)$6.47-1.68%
  • Shiba InuShiba Inu(SHIB)$0.0000120.97%
  • litecoinLitecoin(LTC)$94.616.75%
  • AvalancheAvalanche(AVAX)$20.35-3.05%
  • tronTRON(TRX)$0.063142-0.05%
  • daiDai(DAI)$1.00-0.01%
  • UniswapUniswap(UNI)$6.75-0.76%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,113.000.09%
  • cosmosCosmos Hub(ATOM)$13.21-3.57%
  • leo-tokenLEO Token(LEO)$3.95-0.72%
  • ToncoinToncoin(TON)$2.50-1.69%
  • chainlinkChainlink(LINK)$7.28-1.47%
  • moneroMonero(XMR)$183.361.94%
  • ethereum-classicEthereum Classic(ETC)$22.211.06%
  • AptosAptos(APT)$18.261.70%
  • bitcoin-cashBitcoin Cash(BCH)$135.641.04%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.09%
  • stellarStellar(XLM)$0.092642-0.77%
  • ApeCoinApeCoin(APE)$6.02-4.49%
  • QuantQuant(QNT)$149.92-1.28%
  • NEAR ProtocolNEAR Protocol(NEAR)$2.49-3.53%
  • CronosCronos(CRO)$0.081107-0.91%
  • filecoinFilecoin(FIL)$5.34-1.83%
  • Lido DAOLido DAO(LDO)$2.28-4.46%
  • algorandAlgorand(ALGO)$0.256351-1.97%
  • vechainVeChain(VET)$0.024539-1.11%
  • Internet ComputerInternet Computer(ICP)$6.091.42%
  • HederaHedera(HBAR)$0.067358-2.29%
  • Axie InfinityAxie Infinity(AXS)$11.42-2.63%
  • decentralandDecentraland(MANA)$0.70-2.21%
  • AaveAave(AAVE)$84.97-2.16%
  • eosEOS(EOS)$1.10-0.43%
  • The SandboxThe Sandbox(SAND)$0.74-3.40%
  • FantomFantom(FTM)$0.451636-3.03%
  • FlowFlow(FLOW)$1.07-2.36%
  • MultiversXMultiversX(EGLD)$44.41-1.13%
  • theta-tokenTheta Network(THETA)$1.08-2.38%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.0001740.52%
  • tezosTezos(XTZ)$1.11-3.04%
  • FraxFrax(FRAX)$1.00-0.12%
  • true-usdTrueUSD(TUSD)$1.000.16%
  • paxos-standardPax Dollar(USDP)$1.000.09%
  • bitcoin-cash-svBitcoin SV(BSV)$43.82-0.59%
  • huobi-tokenHuobi(HT)$5.140.72%
  • The GraphThe Graph(GRT)$0.093988-1.81%
  • Frax ShareFrax Share(FXS)$10.96-2.67%
  • kucoin-sharesKuCoin(KCS)$8.153.10%
  • Curve DAOCurve DAO(CRV)$1.08-3.81%
  • havvenSynthetix Network(SNX)$2.45-1.86%
  • Rocket PoolRocket Pool(RPL)$38.86-1.16%
  • ChilizChiliz(CHZ)$0.138031-0.73%
  • eCasheCash(XEC)$0.000038-3.83%
  • Trust WalletTrust Wallet(TWT)$1.72-0.89%
  • USDDUSDD(USDD)$0.990.12%
  • BitTorrentBitTorrent(BTT)$0.000001-0.92%
  • PancakeSwapPancakeSwap(CAKE)$4.010.11%
  • BitDAOBitDAO(BIT)$0.58-1.80%
  • KlaytnKlaytn(KLAY)$0.217780-0.92%
  • iotaIOTA(MIOTA)$0.236913-2.58%
  • dashDash(DASH)$56.038.94%
  • GateGate(GT)$4.221.12%
  • zcashZcash(ZEC)$46.530.40%
  • makerMaker(MKR)$657.32-3.73%
  • cUSDCcUSDC(CUSDC)$0.022720-0.02%
  • neoNEO(NEO)$8.340.18%
  • gemini-dollarGemini Dollar(GUSD)$1.000.18%
  • OKCOKC(OKT)$31.991.07%
  • THORChainTHORChain(RUNE)$1.84-2.21%
  • cDAIcDAI(CDAI)$0.022129-0.07%
  • BTSE TokenBTSE Token(BTSE)$3.36-2.06%
  • Tokenize XchangeTokenize Xchange(TKX)$6.671.26%
  • Mina ProtocolMina Protocol(MINA)$0.64-3.20%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.10-0.39%
  • RadixRadix(XRD)$0.05176413.57%
  • ImmutableXImmutableX(IMX)$0.65-3.82%
  • PAX GoldPAX Gold(PAXG)$1,920.26-0.20%
  • ArweaveArweave(AR)$10.19-1.99%
  • OsmosisOsmosis(OSMO)$0.97-2.74%
  • zilliqaZilliqa(ZIL)$0.029398-2.89%
  • GMXGMX(GMX)$55.881.50%
  • nexoNEXO(NEXO)$0.84-0.68%
  • OptimismOptimism(OP)$2.19-4.87%
  • FlareFlare(FLR)$0.0424788.37%
  • Tether GoldTether Gold(XAUT)$1,887.34-0.12%
  • cETHcETH(CETH)$31.95-0.38%
  • enjincoinEnjin Coin(ENJ)$0.455480-3.13%