PANews June 21 news, according to Reuters, Italy is strengthening its supervision of the crypto asset market and plans to impose high fines for market manipulation and insider trading. According to a draft document reviewed by Reuters, the fine could be as high as 5 million euros (about 5.4 million U.S. dollars). The document is expected to be approved by the cabinet later today. The draft proposes that the fine for insider trading, illegal disclosure of inside information or market manipulation will be between 5,000 euros (about 5,400 U.S. dollars) and 5 million euros.
