The biggest bank in Italy, Intesa Sanpaolo, has finally entered the world of cryptocurrencies by buying 11 bitcoins worth over $1 million, Reuters reported. The move marks a significant moment in the financial institution’s history as it becomes the first Italian bank to make a direct investment in digital assets. A Bold Step Toward Digital Finance This step emphasizes Intesa Sanpaolo’s efforts to improve its financial strategies. The bank had introduced its in-house digital asset trading desk in 2023 and began spot cryptocurrency trading in 2024. Intesa Sanpaolo buys bitcoin…
