Assicurazioni Generali's bank will launch a service for storing digital assets.Customers will be able to make deposits inbitcoin worth up to $10 million.
Banca Generali Bank, owned by Italy's largest insurance company Assicurazioni Generali, said it would startIn 2021, the company will launch a service for storing digital assets.To do this, a partnership was concluded with fintech start-up Conio, which workscryptocurrency.
Customers will be able to deposit bitcoins in the bank, said Michel Segizzi, head of marketing and external relations at Banca Generali, in a Coindesk commentary.He noted that users will be able to insing the cryptocurrency for the amount of$500,000 to $10 million.
In December, the largest bank in Singapore, DBS, started working with the cryptocurrency.He has launched a service to store digital assets, as well as a platform to trade them.Its users will be able to buy and sell 4 coins: Bitcoin, Ethereum, Bitcoin Cash and XRP.
In September, the first crypto bank was announced in the United States.Customers will be able to use cryptocurrency as an investment, pay its bills and receive a salary in it.
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