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Author Topic: Bitcoin Trading Service Launched by Italian Bank Mid Quarantine  (Read 161 times)

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Offline mlawson71Topic starter

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 An Italian bank called Banco Sella decided now is the best time to set up bitcoin trading for their clients. Apparently they see a business opportunity in the disaster-struck Italy since the locals are isolated and there is a growing interest in cryptocurrencies.
Banco Sella is offering their cryptocurrency trading services on the proprietary platform Hype. It also serves as an intermediary of transactions to diminish the obvious associated risks. Hype is hardly a new platform, it has been used to trade various financial instruments from CFDs to derivatives and has about 1.2 customers.
The bank has limited daily purchases to 500 EUR, while the annual limits are 2,500 EUR.
 Source

I have mixed feelings about this. On one hand, it seems like a good business sense to do so, on the other hand it feels opportunistic.

 


 

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