Spot crypto and leveraged crypto derivatives are two different questions in Italy with two different answers, and the sharper constraint on spot is not legality but who may serve you. Holding and trading crypto is lawful for an Italian resident; MiCAR governs who may provide the service. Legislative Decree 129/2024 implemented Regulation (EU) 1114/2023 in Italy and named CONSOB and Banca d'Italia as the competent authorities, splitting their remits by token type — CONSOB supervises conduct, transparency, orderly trading and client protection for crypto-asset service providers, Banca d'Italia supervises risk containment, capital stability and sound management.
The contract itself does not change by geography: a TAO perpetual settles in USDC everywhere.
13 venues open Bittensor perps to traders in Italy.
ApeX
Aster
Avantis
gTrade
Helix
Hyperliquid
Lighter
Pacifica
Paradex
Reya
VestFour steps from sign-up to an open position.
From 2026, capital gains and income from crypto are taxed at 33%; stable coins remain at 26%.
Trading Bittensor from Italy: legal.
For Italy residents trading Bittensor: From 2026, capital gains and income from crypto are taxed at 33%; stable coins remain at 26%.
Full identity verification, imposed by the licence.
On Canborsa, Bittensor trading from Italy costs 0.07% per side.