Italian Banking Group Banca Sella Pilots Stablecoin Custody With Fireblocks: Bloomberg

Banca Sella, a group of banking bank known TECH experiments.

The trial runs until the end of the tag -day, after which executives decide whether to open a vault to 1.4 million group customers maintain more than € 66 billion ($ 77.5 billion) Under caution, The Bloomberg report.

Sella’s trial covers only care. Trading in Bitcoin or other PABAGU -change of tokens is not on its roadmap, according to the story.

The clearer European policies are surprising to the continent banks in the crypto space. Intesa Sanpaolo, Italy’s largest bank, opened a Bitcoin desk area in January with a € 1 million Cryptocurrency investment.

Unicredit, another Italian bank, is planning a capital-protected note linked to blackrock’s spot bitcoin etf ibit, while French banking giant société générale is The launch of a dollar supported by stablecoin Two years after introducing a Euro supported by euro.