Banca Sella is the second oldest bank in Italy. It has just announced it will be offering Bitcoin trading. The bank will soon begin to facilitate trades in the most popular crypto for more than 1,3 million clients. Founded in the year 1886, the bank is among the oldest to have embraced the crypto asset class.
Bitcoin will be available through the mobile banking system. Hype. The company has announced that beta testing will begin in the near future. “a small group of Hype Plus (premium) customers.” In addition, the company announced that BTC will be available to all of its customers in days.
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Italy Bank Announces Bitcoin Trade in Massive Step For Crypto
Bitcoin has been the star of 2024. The United States’ landmark BTC ETF was approved in January. This was the very first BTC ETF, which catapulted Bitcoin to its all-time highest level of $73,000 just three short months after it’s approval. This opened up the possibility for other traditional finance companies to expand their exposure.
Asset managers such as BlackRock Fidelity has been a leader in this movement. The company took another step on Monday. Banca Sella is the second-oldest bank in Italy. It announced Monday that its 1.3 million+ customers will be able to trade Bitcoin.
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Trading is offered via Hype. Mobile platform is now available. joint venture Banca Sella Holding & Illimity Bank from 2021. This partnership has led to the platform becoming “one of the most well-known and utilized financial digital services,” The country.
This will enable Italian Bitcoin owners to purchase or sell their asset without the need for an exchange. They will also be able trade cryptocurrency on the platform Hype. This is a huge move for cryptocurrency. The move is another sign that crypto assets are gaining widespread exposure and acceptance.
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Source: watcher.guru