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Italian bank implements bitcoin

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Well, an Italian bank (Banca Sella) has officially implemented a bitcoin wallet in its mobile application for card(hype) and also the functions of buying / selling bitcoins directly from the application, is a great step forward for a first recognition by the banks...

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This is very  good  step taken by Italian  government. Italy  also facing  carona virus very seriously this is good  step to  give  reliefs  to the public  so they can easily  get payments.

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I wonder if they offer custodial service for that or is it a normal bitcoin wallet where you own your own privatekey?

Because i am thinking they couldn't afford to set that pressure on customers and they would hold the actual privatekeys themselves.

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This is very correct on the part of the Italian authorities. Because the authorities understand that the introduction of cryptocurrencies into the country and their legalization will attract a lot of people from all over Europe, where cryptocurrency is prohibited, this will bring a lot of money to the Italian economy.

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This is a great news and is the ideal decision because the bad situation actual, the cryptocurrency is the best option to use and you can manage it from home or where you are, you dont need to move out, because you do all through Internet.


 

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The Italian bank Banca Sella, if it implements blockchain in its technology, does so on a par with other banks and countries. He does it right, and follows cryptocurrencies and countries like Germany. Great news, thanks. 

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It started with grna noe italy, maybe now other countries will get it hat the one way to deal with crypto is to implement it pon banks.

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This is a formal recognition by the government of Bitcoin's acceptance. It is a good step. I hope this applies to other banks in other countries as well

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I agree, this is a huge step for adoption, although I would love to read on these news that they actually provide the private keys to the user, and that the bank isn't acting as a middle man. If the bank is in total control of the wallet, this wouldn't be exciting and it would actually mean that most of Bitcoin's advantages are cancelled by this bank.

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This is a beautiful step taken by the Italian government in starting this project by adding Bitcoin to the payment methods available to them. I think they are considering creating a digital currency of their own since they have included their digital currencies

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Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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It is not a strange thing now because crypto has impressed the whole world. Almost the governments from whole world are looking at crypto's advantages. And almost they are convinced to think about it. Within few months numbers of banks would start using crypto.

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Initially, I hope Italy will successfully recover from the Corona virus crisis
As for Italy's support for bitcoin, it will become very important to quickly recoup its losses and also to build its economy again


THINK POSITIVE

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On 3/21/2020 at 9:28 PM, bitcoin-shark said:

Well, an Italian bank (Banca Sella) has officially implemented a bitcoin wallet in its mobile application for card(hype) and also the functions of buying / selling bitcoins directly from the application, is a great step forward for a first recognition by the banks...

Woah my dear friend that's a very great news. This step could be a new revolution for banks accepting crypto currency. In my opinion everyone will adopt the crypto currency at the end 🙂

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It would be great if the Italian bank applied bitcoin. Many poor people suffer from depression because everything is locked down. In that case, if the Italian bank applies bitcoin, we can easily help the poor people by investing in bitcoin. They will no longer live in despair.

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This is a very good development for bitcoin, this movement of Italy will set an example for other countries. I think that other developed countries will also start using cryptocurrencies forward.

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I guess that only these actions by banks and governments can really boost bitcoin's popularity and usage of it. This is really good news for Italy especially in this moment.

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Here is a very nice and beautiful work and it will be a step forward as one of the banks recognized the Bitcoin currency and developed a special application for this matter in addition to the recognition of the currency by the mobile phone companies as well and the establishment of a basic wallet entered their modern phones and this is very wonderful

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This is a good decision by the Italian banks to face the crisis that is currently going through. I am sad for what is really happening there and I hope that this decision will be applied in many countries because that supports encryption a lot.

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I hope that Italy can stand again and using bitcoin as an headstart it can help them to expand their grounds. It will help them in sales and for the people they will feel at ease because of affordable and convenient bitcoin

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This is great news,as the adoption of crypto are getting broad now,  and especially to italy,hope crypto currencies will help them to recover their country as soon as possible again after this pandemic crisis that affects them so much.

Edited by Ms.o
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On 3/21/2020 at 6:58 PM, bitcoin-shark said:

Well, an Italian bank (Banca Sella) has officially implemented a bitcoin wallet in its mobile application for card(hype) and also the functions of buying / selling bitcoins directly from the application, is a great step forward for a first recognition by the banks...

Wow that's is usefully feature, so that's customers of that Italian bank will be able to buy and sell bitcoin direct through that application of Italian bank and also the can hold there?

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If the great EUROPEAN NATION do of having to accept the use if Crypto mad bitcoins into their systems then it's going to be big of the way bitvoin can be used for the citizens in this country as it will be more of a liberal thing on using Crypto

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That is a great initiative taken by the banks. Cryptocurrencies are going in a larger popularity day by day. There are quite a lot of countries who deal with cryptocurrencies and know the importance about it. Italy is one of it. It has seen the advantages of this currency and the bank did good by adding bitcoin features in its mobile application. 

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Actually when  i see this type news then i become so confident that time is not so far that Crypto currency will be next currency of the world like USD. Because these reward .

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What this bank has done is very great and evidence of its knowledge of the value of bitcoin and what it will be able to achieve in the future. All banks must apply this mechanism and add bitcoin currency to their applications and allow people to buy and sell the currency


 

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