2021-11-5 13:45 |
Banca d’Italia and Deutsche Bundesbank shared experiences on distributed ledger technology-based settlements in a workshop.
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Italy’s second-largest bank is inviting pros to tap Bitcoin’s gains while avoiding its chaos. The investment vehicle, linked to IBIT, adds credibility to a market still wrestling with regulatory caution.
Poste Italiane could support the final phase of the digital euro rollout thanks to its broad client base, according to ECB executive board member Piero Cipollone. Poste Italiane might soon do more than deliver mail and manage savings accounts —…
The biggest bank in Italy, Intesa Sanpaolo, has finally entered the world of cryptocurrencies by buying 11 bitcoins worth over $1 million, Reuters reported. The move marks a significant moment in the financial institution’s history as it becomes the first Italian bank to make a direct investment in digital assets.
Intesa Sanpaolo Bank buys $1M in Bitcoin. The bank is the first Italian bank to invest in crypto. The move is a low-risk experiment with digital assets in preparation for potential client demand.
Intesa Sanpaolo, Italy’s largest bank, has reportedly entered the Bitcoin market by acquiring €1 million worth of the leading digital asset. This translates to approximately 11 BTC, according to an internal email allegedly signed by Niccolo Bardoscia, the head of the bank’s digital asset trading and investment division.
Banca Intesa Sanpaolo has become the first Italian bank to purchase Bitcoin, as revealed by leaked email screenshots on the website 4chan. According to a report by Wired Italia, traders have detected a recent crypto purchase by Banca Intesa Sanpaolo,…
Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and exemptions aim to protect small investors and boost crypto.