I'm surprised that they have added in Italy for those reasons when obviously the cryptocurrency scene in Italy isn't even comparable to Liechtenstein or even in Cyprus.
But like Theb points out, what the hell's Italy doing there? They're so behind.
If you follow the news from this news outlet, then you can notice that Italy is recently gets a lot of attention mostly in terms of negative things related to cryptocurrency ( mafia-money laundering, crypto cyber crime, terrorism), and now for some reason want to show it as one of the top European countries for bitcoin / blockchain. Ranking is based on as they say
famous projects, and Italy is famous for :
Industry 4.0, smart city, made in Italy.
Coindol is also have Italian version of site, so they are probably from Italy, which explains so many news related to that country. They say that list is contain top 10 countries (from 48), but they listed only 5. I thought that countries like Germany or Slovenia (Bitstamp), are also friendly toward croytocurrency.