Italy

Italy

Finance

Banca Generali Leads $14M Round in Italian Crypto Custody Firm Conio

Banca Generali, a subsidiary of Italy’s largest insurer, will also help its customers hold bitcoin following the $14 million Series B.

Banca Generali CEO and General Manager Gian Maria Mossa

Finance

Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody

A multinational payments firm is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets.

Piazza Duomo, Milan

Markets

Around 100 Italian Banks Are Officially on a Blockchain

The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes.

Italian euro cents coins

Markets

Italian Payments Giants Merging to Form Entity That Will Dominate Local Market

The new group will reportedly have an estimated 70% share of the Italian market.

Italian euro cents coins

Markets

Italian Banks Are Ready to Trial a Digital Euro

The Italian Banking Association announced its banks are interested in piloting a digital euro.

italian flags

Finance

Italy's Leading Wire Service Is Using Ethereum to Thwart Copycats

Italy's ANSA newswire is trialing an ethereum-based system to track every article it publishes in an effort to prevent impersonators from publishing fake news under its banner.

ANSA’s blockchain system rolled out earlier this year, but still only accounts for about 80 percent of articles published to its own site. Ultimately, its backers hope it can be used across the internet. (Credit: praszkiewicz / Shutterstock)

Markets

Bitcoin Community Funds Italian Red Cross Medical Facility to Combat Coronavirus

Bitcoin donations have funded a mobile medical center used to assess Italians potentially hit by the novel coronavirus.

A QR code used to raise bitcoin donations for the medical center effort. Credit: Helperbit

Markets

Bitcoiners in Europe Reflect on Economic Shocks as Coronavirus Spreads

From meetup organizers in Milan to cypherpunks in Spain, coronavirus is forcing bitcoiners to reconsider their plans.

Credit: Shutterstock

Markets

There's a New Medici Bank After 500 Years, And This Time It's Crypto-Friendly

A descendant of the famed Medici Italian banking family has opened a cryptocurrency-friendly bank in Puerto Rico.

Medici villa

Markets

Italy's Senate Moves to Set Legal Foundation for Blockchain Timestamps

The Italian government could soon amend a law to allow legalized blockchain verification of documents.

Credit