May 9, 2024

Italian bank started working with bitcoin due to increased quarantine

Italian bank started working with bitcoin due to increased quarantine

The Italian bank Banco Sella has launched a service that allows customers to buy and sell bitcoin, as well as make international transfers and pay for goods using it.

Representatives of a financial institution claimthat while sitting at home due to quarantine, the skilled population began to show great interest in cryptocurrencies. The bank decided to take advantage of the situation and added bitcoin support to its Hype platform, acting as an intermediary to ensure the security of the exchange.

Currently, the platform is used by about 1.2 millionItalians. Now they can not only buy and sell cryptocurrency on a par with fiat, but also make international transfers, pay for goods, work, services.

According to Hype CEO AntonioValitutti, most of their clients are young and smart people interested in gaining open access to global tools that can be used daily for settlements.

In addition to digital assets, blockchain technology is also gaining popularity in Italy, which has already begun to be used for voting and recording data on higher education.

Against the backdrop of global panic, governments are becoming more active in making compromises in search of innovative ways to solve pressing problems.For example, Hawaii recently announced the opening of a regulatory sandbox for digital currency issuers.

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