The largest banking group in Italy, Intesa Sanpaolo, has become the first in the country to make a direct investment in Bitcoin as it officially enters into the crypto space. The purchase made headlines as a leaked internal email from the Head of Digital Assets Trading & Investments shared the inaugural Bitcoin trade had taken place, with a purchase of 11BTC for  €1 million (roughly $1.025 million in USD). The purchase is believed to have been made on January 13 at around 11 am CET, when Bitcoin was trading at approximately $92,800. The email was originally reported by Italian crypto news outlet Criptovaluta.

Topics:  intesa sanpaolo   head   digital assets trading    investments   usd    january   cet   criptovaluta   employees   cnn   italy   bitcoin   it s   crypto   time   italian   purchase   million   broader   proposal   believed   country   email   confirmed   report   news   
BING NEWS:
  • Italy's Intesa 'tests' bitcoin with 1 million euro investment
    Italy's biggest bank, Intesa Sanpaolo, has made its first proprietary bitcoin trade, buying 1 million euros ($1 million) of the world's largest digital currency in what CEO Carlo Messina described as ...
    01/14/2025 - 2:06 am | View Link
  • Italy’s largest bank enters crypto market with $1M Bitcoin investment
    Italy’s largest bank, Intesa Sanpaolo, became the first Italian bank to make a Bitcoin investment, purchasing 11 BTC for about 1 million euros ($1.02 million) on Jan. 13. The investment comes just ...
    01/14/2025 - 12:49 am | View Link
  • Italy’s largest bank, Intesa Sanpaolo, makes bold crypto move with $1M Bitcoin purchase
    Intesa Sanpaolo, Italy’s largest bank by assets and a major player in the European financial landscape, has officially entered the Bitcoin market. According to a report from Reuters, the bank ...
    01/13/2025 - 11:21 pm | View Link
  • Italy’s Banking Giant Intesa Sanpaolo Buys Over $1 Million in Bitcoin
    Italy’s Intesa Sanpaolo buys Bitcoin, signaling institutional adoption amid crypto tax reforms. Learn how this shapes Italy’s crypto future.
    01/13/2025 - 11:00 pm | View Link
  • Italy’s Largest Bank Intesa Sanpaolo Invests $1M in Bitcoin
    Intesa Sanpaolo has made a significant move into the cryptocurrency space by acquiring 11 Bitcoin for approximately €1 million.
    01/13/2025 - 10:13 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News