News with the tag "Italy"

In a significant move highlighting the growing importance of cryptocurrency regulation and security, the Italian central bank and securities regulator recently convened with key crypto service providers. This crucial meeting, held during the latest Assiom Forex Congress, underscores the intensifying...

Tether – the company behind the biggest stablecoin in terms of market capitalization, USDT – announced the acquisition of a minority ownership stake in Juventus. The latter is the most successful football club in Italy, having won the domestic Serie A championship a record 36 times. According to som...

Italian green energy company Enel Group has entered the tokenization market to launch fractional ownership of solar panels on the Algorand blockchain. The tokenised product was developed as a part of a collaboration between Enel Group and cryptocurrency wallet provider Conio, a January 21 post from ...

Italy’s biggest bank has reportedly made its first proprietary Bitcoin ( BTC ) trade, as analysts expect the value of the flagship crypto asset to increase by more than double this year. Reuters reports that an internal memo it has seen shows that Intesa Sanpaolo bought 11 BTC worth over $1 million ...

The biggest bank in Italy, Intesa Sanpaolo, has finally entered the world of cryptocurrencies by buying 11 bitcoins worth over $1 million , Reuters reported. The move marks a significant moment in the financial institution’s history as it becomes the first Italian bank to make a direct investment in...

Italy’s largest banking institution, Intesa Sanpaolo, has reportedly bought Bitcoin worth €1 million. The transaction marks the first direct cryptocurrency purchase by a bank in the country, potentially reshaping its cautious approach to digital assets. Breaking Tradition Rumors of the acquisition f...

Intesa Sanpaolo has become Italy’s first bank to make a Bitcoin investment after buying more than $1 million worth of BTC during a period of growing institutional interest.

Intesa Sanpaolo, Italy’s largest bank by assets and a major player in the European financial landscape, has officially entered the Bitcoin market. According to a report from Reuters, the bank purchased 11 BTC valued at over $1 million on January 13, 2025. This move marks a significant shift for a tr...

Banca Intesa Sanpaolo has become the first Italian bank to purchase Bitcoin, as revealed by leaked email screenshots on the website 4chan. According to a report by Wired Italia, traders have detected a recent crypto purchase by Banca Intesa Sanpaolo, Italy’s largest bank by assets. Intesa Sanpaolo b...

While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far from universally positive. Amid this growing institutional adoption, the B...