Italy may be rubber-stamping crypto firms’ applications to operate in the country without running proper checks to make sure they are safe for investors. This summer, a string of prominent crypto firms – including Coinbase, Binance and Crypto.com – announced they had secured regulatory approval to continue operating in Italy. In effect, the companies were entered into a registry set up to ensure companies were compliant with the country’s anti-money laundering standards. The Organismo Agenti e Mediatori (OAM), a supervisory body in Italy that maintains lists of financial agents like credit mediators and money ... (full story)