CONSOB, the Italian securities and market regulator, banned short sales on March 17. After the corona virus pandemic subsided in the country, the ban was officially lifted.

Although it may be hard to believe A country can openly prohibit short saleshas been the norm in Europe for two months. France and Belgium, for example, also banned short sales at around the same time in March.

It was feared that markets would continue to decline irrationally given the pandemic, like the IBEX.

Crypto exchange at risk

At the same time, Europe appears to be lifting the veto, as it has now opened the possibility of operating in Spain, France, Austria, Belgium and Greece.

The opening of the market to “normal” conditions could indicate that the financial market seems to be returning to its channels. This is very important because The financial market is working very badly with uncertainty. Still, there are many unknowns regarding Covid-19, from possible positive vaccines to prolonged detention that paralyzes the economy and production.

Italy plunged into chaos by the corona virus

The situation of COVID-19 in Italy has led to some unique economic situations. For example, BeInCrypto reported in late April that a small Italian town had started issuing its own tickets.

Corona virus funding

However, the state of emergency now seems to be coming to an end. The lifting of the short selling ban could be an indication that the markets are “normal” again.However, the country’s economic impact continues to be severe.

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As a leading blockchain and fintech news company, BeInCrypto always strives to comply with strict editorial guidelines and the highest journalistic standards. With this in mind, we always encourage and encourage readers to do their own research into the information contained in this article. This article is intended as news and is for informational purposes only. The topic of the article and the information provided may have an impact on the value of a digital or cryptocurrency asset, but is never intended. Likewise, the content of the article and the information contained therein do not intend and do not intend to provide sufficient information for a financial or investment decision. This article is not expressly intended as financial advice, it is not financial advice and should not be construed as financial advice. The content and information in this article have not been prepared by a certified financial professional. All readers should always conduct their own due diligence with a certified financial professional before making an investment decision. The author of this article may have any amount of Bitcoin, cryptocurrencies, other digital currencies, or financial instruments at the time of writing, including but not limited to those listed in the content of this article.


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