Thursday, January 20, 2022
Home Crypto News Market Italy Top Bank, Banca Generali Adds Support For Bitcoin

Italy Top Bank, Banca Generali Adds Support For Bitcoin

- Advertisement -

Italy Top Bank, Banca Generali Adds Bitcoin Buying and Selling Features.


Banca Generali, one of the top banks in Italy, is launching Bitcoin services. The bank has more than 300,000 customers that will be able to buy, sell and hold BTC in early 2022.

According to the report, Banca Generali’s customers will be able to buy or sell the most famous cryptocurrency through the Conio Inc platform. Conio will make it possible for bank customers to trade BTC. This feature will enable bank customers to trade Bitcoin without leaving the bank’s online infrastructure.

The Italian bank was only providing Bitcoin custody services since Dec 2020, but after this partnership, the bank will be able to introduce a Bitcoin buying and selling feature.

Riccardo Renna, Bank COO, said that this step is a bank’s long-term strategy for providing its customers with innovative services of digital assets trading experience.

“Once the integration is complete, customers will be able to securely interact with the new asset class (BTC), which can be extremely risky if mishandled. We know that the future structure of the financial markets will certainly be influenced by the blockchain technology that continues to make its way. We are working with Conio at various tables to study possible blockchain adaptations to our processes and systems.”

Banca Generali belongs to Generali Group which is one of the world’s top ten insurers. The bank is the best private bank Italy net worth individuals (HNWIs) seeking private banking and wealth management services.

- Advertisement -
Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

The Central Bank Of Russia Proposes A Ban On Cryptocurrency Use And Mining

The Central Bank of Russia (CBR) issued a consultation paper on Thursday entitled 'Cryptocurrencies: Trends, Risks, and Regulation', whose primary focus is to influence...

Fox Business Journalist Says SEC legal Team Declared Ripple (XRP) Non-Security In 2018 So What Changed In 2 years?

Eleanor Terrett, a Fox Business journalist, recently questioned the ongoing lawsuit between the SEC and Ripple. window.coinzilla_display...

Michael Saylor Reaffirmed After BTC Drop From $69K to $40K That Neither He Nor His Company Will Sell A Single Satoshi

Michael Saylor, again affirmed that neither he nor his company is going to sell their bitcoin holdings. ...

After Sundaeswap, Another Decentralized Exchange Is Launching On Cardano

After Sundaeswap, another decentralized exchange (DEX) based on Cardano, Minswap has announced January 25, 2022, as its public beta launch date.

Shiba Inu Leading Developer Share His Thoughts On Microsoft-Activision Acquisition, Can Shib Get Something From This Deal?

Shiba Inu cryptocurrency holders woke up and smelled roses, and it's all thanks to Microsoft as the company prepares its new acquisition of Activision.

Shiba Inu Takes 3rd Spot Beating Ethereum In Top 10 Most Viewed Coins In Europe

Coin market cap (CMC) has just released its “Top 10 Most Viewed Crypto Coins” list for Europe. The list is released by CMC based...

Another Memecoin Trending On Twitter With 690T Supply

Twitter has become one of the main discussion points about cryptocurrencies. Recently, a cryptocurrency has been trending, looking like a bizarre project, the Shibnobi...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.