CEO of Intesa Sanpaolo: For families and non-professional investors, I would advise them never to invest in cryptocurrencies. With regard to Bitcoin, we have to test the solutions that our clients may request. Banks have very limited willingness to invest in cryptoassets in their own way.
On November 15, Italy's largest bank, Intesa Sanpaolo SpA, is expanding its digital asset business with the addition of cryptocurrency spot trading services. The bank will establish its own cryptocurrency trading department in the corporate and investment banking sector in 2023, previously limited to cryptocurrency options, futures and ETF trading.