Founders

Intesa Sanpaolo, Italy's largest banking institution, has reportedly bought 1 million euros worth of Bitcoin. The deal is the first direct purchase of digital currency by a bank in the country and could change Italy's cautious approach to digital assets.This move by Intesa SanPaolo Bank is seen as a challenge to Italy's conservative approach to digital currencies. Meanwhile, Fabio Panetta, the head of the Central Bank of Italy, has always expressed doubts about the intrinsic value and security of these assets.