Banks, asset managers, and corporates push crypto and digital currencies into the mainstream amid shifting financial dynamics. The argest bank in Italy, Intesa Sanpaolo, quietly purchased $1 million worth of bitcoin in early January. The move was not publicly disclosed; it surfaced in an internal bank memo. When pressed by reporters, CEO Carlo Messina described the purchase as merely a “test,” suggesting that Intesa may eventually acquire more bitcoin on behalf of some of its wealthy clients.

Tag-uri: Italia Bitcoin