in Cryptocurrency

Italian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown

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Italian Bank Opens Bitcoin Trading to 1.2 Million During LockdownItalian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown

Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a trading service

The trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential security risks with cryptocurrency exchanges. With the country in lockdown and everyone stuck at home, the bank is capitalizing on a growing interest in Bitcoin as a safe way to transfer money internationally in the midst of the crisis.

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