According to Odaily Planet Daily, Reuters cited a draft decree reviewed by Italy that would impose heavy fines on those who manipulate the crypto asset market as part of a broader plan to strengthen monitoring of risks associated with the industry. The document, which will be approved by the cabinet later today, stipulates fines of 5,000 euros ($5,400) to 5 million euros for insider trading, illegal disclosure of insider information or market manipulation, the report said.
