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...