Italy plans to adopt measures to beef up surveillance over risks tied to cryptoassets, including high fines for those who manipulate the market, a draft decree reviewed by Reuters showed on Thursday. The decree, due to be approved by cabinet later on Thursday, lays out fines of between 5,000 and 5 million euros ($5,400-$5.4 million) for insider trading, unlawful disclosure of inside information or market manipulation. The scheme, which moves within the framework laid out by a European regulation last year, designates Italy's central bank and market watchdog Consob as the authorities overseeing cryptocurrency activities to preserve financial stability and grant an "orderly functioning of markets."