The Italian bank opened a Bitcoin trading service to 1.2 million users

The Italian bank opened a Bitcoin trading service amid a nationwide blockade

Banca Sella - an Italian bank, now allows customers to buy, sell and store Bitcoin (BTC) through their own Hype creation platform without interacting with exchanges.

Recent nationwide blockade of Italy to stem the outbreak of corona virus prompted Banca Sella to launch Bitcoin trading service.

Through the platform, users can create Bitcoin wallets with banks acting as intermediaries. However, the main difference is that the end users have full control. They can buy, sell and store cryptocurrencies without going through exchanges.

1.2 million Italians have used Hype to buy and sell Bitcoin

Approximately 1.2 million Italians have used the Hype platform of Banca Stella bank to make transactions. Not only can they buy and sell Bitcoin, they can also pay for goods and services in cryptocurrency.

Antonio Valitutti, General Manager of Hype said:

“The market for cryptocurrencies and Bitcoin continues to attract interest, especially among the young and smart community. They are people who have increased expectations of accessibility to the world through the basic money management tool that they can use every day.

Interest in cryptocurrencies and blockchain from Italian institutional investors has increased in recent months. Blockchain technology has been applied to electronic voting in Naples. Last week, two Italian high schools also announced recording and storing qualifications on the blockchain.

The situation of Covid-19 is increasingly serious

According to an update by Reuters News on 20 March, Italy has had 427 more deaths from COVID-19 in the past 24 hours, bringing the total number of deaths from COVID-19 in the country to 3,405.

Thus the number of deaths due to COVID-19 in Italy has surpassed China. As of 0:00 on March 19, the number of deaths due to COVID-19 in China was 3,245. The number of COVID-19 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 cases in Italy is 41,035 cases, while in China is 80,907 cases.

Maybe you are interested:

Join our channel to stay up to date on the most useful news and knowledge at:

According to
Recompiled ToiYeuBitcoin

Nguyen Diep

My name is Nguyen Manh Cuong. I was born in a poor village in Ba Vi district, HA NOI province - windy and sunny land. Currently

Post a Comment

Previous Post Next Post

Đọc nhiều trong tuần

10 Grands Sites de modèles PowerPoint gratuit
10 Grands Sites de modèles PowerPoint gratuit

PowerPoint est toujours le roi quand il vient à un logiciel de présentation. Il a été autour depuis des siècles et chaque nouvelle version ajoute plus de fonctionnalités et rend …

17 best home jobs in 2020
17 best home jobs in 2020

Earning Money blog access_time April 13, 2020 hourglass_empty 28 least Read Finding work from home is easier thanks to high technology. Not only suitable for tho…

How much RAM is the iPhone 12 Pro?
How much RAM is the iPhone 12 Pro?

The RAM of the iPhone 12 Pro is up to 6GB.
Based on information in the latest Xcode beta from Hiraku, it can be said that both of Apple's new iPhone 12 Pro models have 6GB of R…


JavaScript is a programming language of HTML and WEB. It is lightweight and most commonly used as part of web pages, but their implementation allows Client-Side scripts to interac…