Italy's Largest Bank Takes First Step into Bitcoin with $1 Million Purchase ...Middle East

OILPRICE - Economy
Italys Largest Bank Takes First Step into Bitcoin with $1 Million Purchase
Italy’s biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for a "test" purchase worth $1 million. Initially a widespread rumor, Bloomberg has confirmed that Italy’s largest banking giant has indeed dipped its toes in Bitcoin.  According to an internal memo, the financial institution completed its first proprietary Bitcoin trade, investing the funds into the world’s largest digital currency. “It’s very small amounts, considering we have 100 billion…

Read More Details
Finally We wish PressBee provided you with enough information of ( Italy's Largest Bank Takes First Step into Bitcoin with $1 Million Purchase )

Apple Storegoogle play

Also on site :

Most viewed in Economy


Latest News