In the heart of the Covid-19 epidemic, the leading bank of Italy launched a Bitcoin trading service with 1.2 million users


The growing cryptocurrency development and the corona virus outbreak have encouraged Italian bank Banco Sella to launch Bitcoin trading service.



Transactions are conducted through the bank's Hype platform, with the bank acting as an intermediary to minimize the potential risks to cryptocurrency exchanges. While the whole country is frozen and people are in jail at home, banks are taking advantage of growing interest in Bitcoin as a safe way to transfer money across borders in a crisis.


1.2 million Italians have used Hype


About 1.2 million Italians have used the platform Hype to make transactions, they can not only buy and sell Bitcoin, they can also pay for goods and services in cryptocurrency.


Antonio Valitutti, Chief Manager at Hype said:


“The cryptocurrency market continues to attract interest, especially in the community that makes up our customer base - quite young and smart, and increasingly expecting to be able to access this world through via the tool they use to manage money on a daily basis. "


Milan-based startup Conio also announced that it will provide an additional Bitcoin wallet on the Hype platform, along with the safe purchase / sale and storage of digital assets.


Interest in cryptocurrencies and blockchain has been on the rise in recent months among Italian institutions. Blockchain technology has been applied to electronic voting in Naples, and two Italian high schools last week announced they would use blockchain to back up their qualifications.


Previously the Italian Red Cross launched a Bitcoin Fund to help combat the corona pandemic in this boot-shaped country.


According to Reuters, Italy has had 427 more deaths from Covid-19 in the past 24 hours, bringing the total number of corona virus deaths in the country to 3,405.


Thus, the number of deaths due to Covid-19 in Italy surpassed that of China. As of 0:00 on March 19, the number of deaths in China was 3,245. The number of cases in Italy began to increase rapidly from February 21, while in China it was from early January.


However, in the total number of infections, the number in Italy is only half that in China. Specifically, the total number of infections in Italy is 41,035 cases, while in China is 80,907 cases. Unfortunately, in Italy, there has been no sign of stopping, but increasing, meanwhile, China has successfully controlled the epidemic, there have been 2 new cases since the last 2 days and the country is working on average. often return.


Van Su Nhu Lao


According to AZCoin News


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