Are cryptocurrencies still a safe haven to hide and launder tax evasion or other illicit wealth? The Italian regulatory experience

This essay - by taking into consideration the new Italian regulations, both direct and indirect, concerning cryptocurrencies, and by reviewing the relevant international literature - seeks to determine whether cryptocurrencies still constitute a viable means of concealing illicit wealth, particularly for the purpose of tax evasion. Although the analysis is primarily focused on the domestic context, its qualitative findings are amenable to broader application at the international level.