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Spanish Police Detain Four People Allegedly Involved in a $15M Crypto Ponzi Scheme
9.1.2021
The Spanish police detained four people of different nationalities this week for allegedly running a $15 million crypto Ponzi scheme. According to the police, “many victims” filed a complaint against them. Victims Believed Their Bitcoins Went to a Legit Company According to Policia...
Italian Banking Association launches experimental digital euro project
6.1.2021
The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency
Crypto Exchange Bitgrail Founder Accused by Italian Police of Faking Hacks That Led to Company’s Bankruptcy
23.12.2020
Italian police accused a man who ran a cryptocurrency exchange of being responsible for a series of hacks that caused millions in losses as part of an alleged massive fraud scheme. Italian Authorities Accuse Bitgrail Owner of Faking Hacks That Led Exchange’s Bankruptcy According to Reuters...
Bitgrail's founder contributed to $150M loss, Italian authorities allege
21.12.2020
Bitgrail’s founder Francesco Firano is accused of fraud related to the massive hack back in 2018
Italian Insurance Giant Generali Gets Into Bitcoin via Banking Arm, Launching Crypto Custody Service
16.12.2020
Banca Generali, the banking arm of Italy’s largest insurance group, has announced that it will be offering cryptocurrency custody service to its customers beginning next year. To achieve this, the bank has acquired a stake in bitcoin wallet provider Conio. Assicurazioni Generali, Banca...
Italian Banking Giant Enters Bitcoin, Mt. Gox Rehabilitation + More News
15.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Banking news
Another banking giant has entered the crypto custody fray, with Italy’s Banca Generali set to offer bitcoin (BTC) custody to...
Italian Banca Generali to debut crypto services next year
15.12.2020
Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider
Banca Generali Leads $14M Round in Italian Crypto Custody Firm Conio
15.12.2020
Banca Generali, a subsidiary of Italy’s largest insurer, will also help its customers hold bitcoin following the $14 million Series B
Technician in Italy Used Airport’s Computers to Mine Ethereum in Italy: Report
1.11.2020
Using the airport's computers allowed the miner to avoid the cost of electricity needed to mind crypto, the report said
Italian man caught allegedly using airport computer systems for ETH mining
30.10.2020
You can't just mine crypto for profit using other people's systems without them approving it
Around 100 Italian Banks Are Officially on a Blockchain
13.10.2020
The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes
Italian digital payments firms merge to create $17.6B fintech group
5.10.2020
Italian rivals Nexi and Sia have finalized a merger to create a fintech giant that can compete in an increasingly consolidated European market
Italian Payments Giants Merging to Form New Entity That Will Dominate Local Market
5.10.2020
The new group will reportedly have an estimated 70% share of the Italian market
Italian soccer club SS Lazio goes crypto with StormGain exchange
16.9.2020
There is a way for crypto exchanges and soccer clubs to work together
85% of Italian Banks Are Exchanging Interbank Transfer Data on Corda
27.7.2020
Banks across Italy are using R3’s Corda blockchain to vastly speed up the process of double-checking transaction logs
Italian Banking Industry Chose Decentralization Over Centralization
8.7.2020
The Italian Banking Association, or ABI, uses a blockchain-based system called Spunta, built with decentralization in mind
Italian Banking Association Ready to Accept Digital Euro
23.6.2020
The Italian Banking Association announced it would be ready to start work on a European central bank digital currency
Italian Banking Association Gives Digital Euro the Green Light
22.6.2020
The Executive Committee of the Italian Banking Association (ABI) has approved ten criteria for a Central Bank Digital Currency (CBDC), bringing Italy a step closer to agreeing in principle to the possible launch of digital euro.
Associazione Bancaria Italiana is the trade association of Italian...
Italian Banks Are Ready to Trial a Digital Euro
22.6.2020
The Italian Banking Association announced last week that its banks were interested in piloting a digital euro
Italian Cryptocurrency Project Plans to Pay Users to Watch Porn
25.5.2020
Novel cryptocurrency project PornVisory plans to reward its users with blockchain tokens for watching porn on its platform