Bank of Italy Communication on Distributed Ledger Technologies in Finance and Cryptoassets

The Bank of Italy has published a Communication on distributed ledger technologies (DLT) in finance and cryptoassets. The document aims to draw the attention of supervised intermediaries, supervised entities, and of those who operate in various capacities in decentralized ecosystems, including users, to the risks and opportunities associated with the use of these technologies and with operations in cryptoassets. It also examines some important aspects for risk management.