Italian bank Banca Generali will reportedly integrate Bitcoin custody services on its platform later this year following its partnership with Bitcoin company Conio. The bank will allow more than 300,000 of its customers to create a bitcoin wallet directly in their bank account.
Once the feature is launched, the bank’s mobile app will give the customers direct access to Bitcoin trading services using the same environment that is already used in relation to other banking operations.
BTC is down by 0.87% in the past 24 hours and is trading just above $46,500 at press time.