Italian Bank Adds Bitcoin Support as the Nation Emerges into a Brave New World
While the Italian people have been on lockdown, its digital businesses have been spared the brunt of the recession, as companies continue providing vital services to the quarantined. Just before the COVID-19 pandemic assailed the Mediterranean country, Italy’s Hype bank, a mobile-first challenger bank, sealed a deal with bitcoin startup Conio to add BTC support. The agreement means that Hype’s 1.2 million customers will be able to buy, sell, and store bitcoin directly within their banking app.
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