Intesa Sanpaolo becomes the first Italian bank to invest in crypto, buying more than $1m worth of BTC
Banca Intesa Sanpaolo has become the first Italian bank to purchase Bitcoin, as revealed by leaked email screenshots on the website 4chan.
According to a report by Wired Italia, traders have detected a recent crypto purchase by Banca Intesa Sanpaolo, Italy’s largest bank by assets. Intesa Sanpaolo becomes the first Italian bank to invest in cryptocurrency after buying 11 Bitcoin (BTC), worth around €1 million or equal to $1.02 million.
The investment was first revealed on image-based bulletin platform 4chan, where users can share images and post comments anonymously. On Jan. 13, an unknown user leaked screenshots of email exchanges sent by Niccolò Bardoscia, head of digital assets trading & investments at Intesa…
