Expansion and adoption in the crypto market is inferred and identified through institutional demand, whether through investment or exploitation, and the integration of crypto services with traditional services.

Recently, the Italian bank “Banca Generali SpA”, an Italian bank that manages assets of $87 billion, announced it.

This bank focuses on private banking and wealth management for the wealthy.

The majority of the company’s shares are owned by “Assicurazioni Generali” (an Italian insurance group).

According to report New, the bank will be integrating Bitcoin services into its platform very soon by partnering with Conio, a company that researches and develops products and technologies related to Bitcoin and blockchain, which started its activity in December 2020.

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After integration, more than 300,000 customers will be able to create a Bitcoin wallet directly in their bank account.

The following was stated in the bank’s statement, according to the aforementioned source:

Once completed, the integration of the Conio platform into the bank’s mobile banking application will give the customer direct access to bitcoin trading using the same environment already used for other banking operations.

All with the added benefit of direct debiting or depositing into your checking account to buy and sell bitcoins without having to rely on payment cards or having to send data to third parties.

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