Italian Bank Launches Bitcoin (BTC) Trading amid Coronavirus Lockdown

Cryptovest

Published Mar 20, 2020 10:14AM ET

Updated Mar 20, 2020 11:21AM ET

Italian Bank Launches Bitcoin (BTC) Trading amid Coronavirus Lockdown

In the wake of a nationwide lockdown over the coronavirus outbreak, one of Italy’s leading banks, Banca Sella, has rolled out a crypto trading service to capitalize on a growing interest in Bitcoin (BTC) as a secure way to transfer money internationally in the midst of the crisis.

The company announced on Thursday the addition of a full-fledged crypto wallet, allowing the purchase, sale, and storage of Bitcoin, as well as paying for goods and services with the cryptocurrency. The new feature is now available to at least 1.2 million users of the bank's new digital platform HYPE Plus. Future plans include opening the service to all Banca Sella customers.

The crypto service comes in response to custome...