“The amendment, an addendum to a larger budget proposal called Destination Italy, would seek to trace bitcoin transactions exceeding €1,000 by requiring the identification of the sender in such exchanges. The move would also bring bitcoin transactions in compliance with the nation’s anti-money laundering laws, and calls for the Bank of Italy to propose a method of enacting the measure within six months, sources say.  While this may sound like an excessive restriction, such a change could be seen as boon for bitcoin, as it would put the currency on the same legal footing as cash in Italy. Italy has enacted a law that places a €1,000 ceiling on cash payments.”

http://www.coindesk.com/italian-amendment-treat-bitcoin-like-cash/

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