The Adoption of Banks in Europe to Bitcoin and Crypto Custody Solutions

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Banca Generali, Italy’s largest insurance group, is to provide bitcoin custody services to its customers beginning next year. This follows a partnership with the Italian Crypto Custody firm Conio. This partnership will allow the bank to acquire a stake of $14 million in the crypto-focused fintech.

Financial Institutions that once criticized cryptocurrency are now embracing the new revolution. [url=https://coinpedia.org/guest-post/bitcoin-and-crypto-custody-solutions/]Banca Generali’s [/url]move to join the cryptocurrency world should serve as a wake-up call to other banks in the world.