Major Italian private bank, Banca Generali (MI:GASI), is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio — a fintech company providing traditional financial institutions with solutions for managing digital assets including wallets and custody.
A spokesperson for Banca Generali told Cointelegraph that the bank does not plan to launch a cryptocurrency exchange in the near future, but rather provide “service with Conio as wallet.”