Intesa Sanpaolo: Italy’s Largest Bank Makes History With Bitcoin ...
1 day ago · First Bitcoin Deal by Italy’s Largest Financial Institution On Jan. 13, 2025, the bank executed a proprietary bitcoin transaction valued at one million euros, securing 11 bitcoin ( BTC ), as ...
Italy's Intesa 'tests' bitcoin with 1 mln euro investment
1 day ago · Italy's biggest bank, Intesa Sanpaolo , has made its first proprietary bitcoin trade, buying 1 million euros ($1 million) of the world's largest digital currency in what CEO Carlo Messina ...
Italy’s largest bank enters crypto market with $1M Bitcoin …
1 day ago · Italy’s largest bank, Intesa Sanpaolo, became the first Italian bank to make a Bitcoin investment, purchasing 11 BTC for about 1 million euros ($1.02 million) on Jan. 13. The investment comes ...
Intesa Sanpaolo Leads Italian Banks With €1M Bitcoin Investment
1 day ago · The timing of Intesa Sanpaolo’s Bitcoin purchase aligns with Italy’s recent crypto tax reforms. Previously, capital gains on crypto assets were taxed at a steep 42%, discouraging institutional investments. However, as BeInCrypto reported, a proposed reduction is set to lower this rate to 28%. This significant tax relief could have played a ...
Italy’s Largest Bank Intesa Makes Its First Spot Bitcoin Buy
1 day ago · Intesa Sanpaolo SpA has made its first spot Bitcoin purchase, buying roughly 1 million euros ($1 million) worth of the original cryptocurrency, as Italy’s largest banking group pushes deeper ...
One of Italy's Largest Banks Buys $1M Worth of Bitcoin: Report
1 day ago · Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy's largest bank by assets, Intesa Sanpaolo, has bought 11 BTC for over $1 million, according to a ...
Italy’s Largest Bank Intesa Makes First Spot Bitcoin Purchase
1 day ago · Intesa Sanpaolo SpA has made its first spot Bitcoin purchase, buying roughly 1 million euros ($1 million) worth of the original cryptocurrency, as Italy’s largest banking group pushes deeper into the asset class.. Intesa bought 11 Bitcoin on Monday, the bank’s digital asset trading and investments head Niccolò Bardoscia said in an …
Italy Eyes Drastic Tax Hike On Bitcoin Profits: 42% Looming In …
Oct 16, 2024 · Italy’s government made a bold move to tighten the screws on cryptocurrency profits, unveiling plans to increase capital gains taxes on Bitcoin and other cryptocurrencies from the current 26%...
Italy to Raise Capital Gains Tax on Bitcoin to 42% From 26%
Oct 16, 2024 · Italy plans to raise the capital gains tax on Bitcoin to 42% from 26%, part of efforts to finance expensive election promises while cutting the fiscal deficit.
Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports
Oct 16, 2024 · Italy's Deputy Finance Minister Maurizio Leo has said the nation will raise taxes on capital gains on cryptocurrencies such as Bitcoin to 42% from 26%, according to Reuters and Bloomberg.