๐ฎ๐น Urgent: Italian Banca Sella Tests Stablecoin Custody Service with Fireblocks! ๐ก๏ธ
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๐ข What's New?
โ Italian Banca Sella is testing a custody service for stablecoins in collaboration with Fireblocks platform.
โ This is an internal pilot project, with plans to determine the next steps after the summer.
โ The test focuses on stablecoins and may include Bitcoin and Ethereum, with staff training and hiring of experts.
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๐ก Why is This Important?
โ This move demonstrates the increasing interest of traditional banks in entering the digital asset space.
โ It aims to provide secure and reliable custody solutions for stablecoins, which is vital for their widespread adoption.
โ It reflects the bank's efforts to enhance its capabilities in digital finance and meet future demand.
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๐ Forecast:
โ The success of this test may lead to the provision of digital asset custody services to clients in the future.
โ It contributes to bridging the gap between traditional finance and the crypto world in Europe.
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โDo you think that this type of partnership between banks and crypto platforms will accelerate the integration of digital assets into banking systems?
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