Italy’s Largest Bank Takes First Step into Bitcoin with $1 Million Purchase

Italy’s Largest Bank Takes First Step into Bitcoin with $1 Million Purchase

Italy’s biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for a “test” purchase worth $1 million. Initially a widespread rumor, Bloomberg has confirmed that Italy’s largest banking giant has indeed dipped its toes in Bitcoin.  According to an internal memo…
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