Italy May Legalize Blockchain Timestamps

Italy May Legalize Blockchain Timestamps

Italy seeks to add terminology related to smart contracts and distributed ledger technology (DLT) to Senate Act 1989 and would allow blockchain timestamping, validation of digital documents, to be legally recognized. It believes this move will help it to advance governance of crypto and blockchains industry and in the country. Last month, it created a dedicated group to design blockchain strategies.

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