🎉 Italy's going full Sherlock Holmes on crypto! 🕵️‍♂️ To comply with the EU's MiCA regulatory framework, Italy's ramping up surveillance of digital asset markets to curb insider trading and market manipulation. Offenders could face fines from $5,400 to a whopping $5.4 million! Meanwhile, DeFi protocols are in a pickle - fully decentralize or submit to anti-money laundering and know-your-customer regulations. Binance and Uphold are already making moves to comply, with changes to stablecoin categorization and delisting. But don't fret, crypto enthusiasts! Despite the regulatory squeeze, experts believe stablecoins could be the superheroes of the future, potentially saving us from debt crises. Stay tuned!