Italy’s largest banking group, Intesa Sanpaolo, bought 11 bitcoins worth about $1 million, Reuters reported. The acquisition was made as part of a “trial,” the company’s CEO Carlo Messina said in a conversation with reporters.
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“<...> We have very sophisticated clients who can request investments like these and you will not be able to serve them if you are not present. [на крипторынке]”said the top manager.
Messina added that despite the cryptocurrency acquisition, Intesa Sanpaolo “will not become a player in the Bitcoin market.”
Decrypt noted that the purchase marks an important milestone for the Italian crypto industry, with Intesa Sanpaolo becoming a leader in the implementation of digital financial assets in the conservative Italian system.
The Italian group has already taken steps to enter digital assets. In July 2024, Intesa Sanpaolo subscribed to the first digital bond based on the Polygon blockchain.
In October, Il Sole 24 Ore newspaper reported that the Italian government plans to increase the tax on capital gains on bitcoins, if it exceeds 2,000 euros, from 26% to 42%.
On January 13, the price of Bitcoin fell below $90,000 for the first time since November 2024. At 7:10 p.m. Moscow time on January 14, the cryptocurrency corrected the fall and was trading at almost $96,000. .
Author:
Mikhail Zelenin
Source: RB

I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.