Italian Company Provides Services to Banks for Cryptocurrencies

Conio and Coinbase have teamed up to provide cryptocurrency services to banking and financial institutions in Italy.

Conio, which has nearly half a million customers, uses Coinbase Prime to offer liquidity to its institutional clients.

Conio, owned by Poste Italiane and Banca Generali, is also wallet service number of cryptocurrencies offered by the end of the year. increase it to 50 is planning.

Conio general manager Orlando Merone said: “Conio produced smartphones with the first multi-signature Bitcoin wallet in Italy, and now we are expanding our storage facilities because Italian banks are showing more demand for digital assets.” said.

Merone appreciated the work done by the Italian central bank in the field of digital assets.

source site-10