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Italy's Banca Generali to Launch Bitcoin Custody Service in 2021 - Vimarsana News

Italy's Banca Generali to Launch Bitcoin Custody Service in 2021

Italy’s Banca Generali to Launch Bitcoin Custody Service in 2021 One of Italy’s leading private banks is to introduce a bitcoin custody service to its customers that will provide institutional-grade cold storage. The product will be introduced next year after Banca Generali invested $14M in crypto fintech Conio and acquired a controlling stake in the bitcoin wallet developer. The news that an Italian bank is to grant its customers exposure to BTC arrives at a time when retail and institutional interest in bitcoin has been growing. Square (NYSE:SQ), whose Cash App supports bitcoin purchase...