The largest bank in Italy, UniCredit, buys 11 BTC for the first time: hoping this is just the beginning

According to the Milan Financial News, Banca Generali, Italy's largest bank, completed its first BTC transaction on the morning of January 13, spending about US$1 million to purchase 11 BTCs, which is seen as a new attitude towards Cryptocurrency regulation in Italy. (Background supplement: Michael Saylor: Traditional bonds are "poison", companies should imitate MicroStrategy to buy BTC.) According to the Milan Financial News, Niccolò Bardoscia, Banca Generali's digital asset trading and investment director, completed his first BTC transaction on Monday morning, purchasing 11 BTCs worth approximately US$1 million. At the same time, Niccolò Bardoscia also stated in the email: I hope this is just the beginning. This marks Italy's latest attitude towards Cryptocurrency regulation, according to the Milan Financial News. At the same time, there are also signs that Cryptocurrency may have a future development in Italy: The comprehensive Cryptocurrency regulatory bill MiCA has officially taken effect recently; Italy's Prime Minister Giorgia Meloni has a very good private relationship with Tesla founder Musk, who is very friendly to Cryptocurrency; A few months ago, Italian lawmakers protested against the government's plan to raise the Cryptocurrency Capital Gains Tax from 26% to 42%, and ultimately postponed the resolution to 2026, and the tax rate may drop in the future; In Italy, about 1.35 million people own Cryptocurrency worth 2.2 billion euros. Bitwise Investment Director: More companies will imitate MicroStrategy in the future. Yesterday (14th), BlockTempo reported that MicroStrategy, the BTC holding giant, once again used $243 million to purchase 2,530 BTCs, bringing its total holdings to 450,000 BTCs. Matt Hougan, the investment director of the asset management company Bitwise, said in a report yesterday that MicroStrategy's continuous increase the position in BTC action has actually been underestimated or ignored by most people, and he believes that this is a major trend, and hundreds of companies will follow MicroStrategy to establish BTC reserves in the future: In fact, I think this is a real trend. In the next 12 to 18 months, we will see hundreds of companies buying BTC, which will greatly promote the market's rise. In addition, Hougan further explained his point of view. He said that whether from the regulatory level or the leading role played by MicroStrategy, more companies will adopt BTC: What will happen if real big companies start to imitate MicroStrategy? For example, Meta is considering a shareholder proposal to add BTC to its asset reserve, which is 20 times the size of MicroStrategy's assets. Under the situation of embracing Cryptocurrency in Washington with the most friendly attitude that the United States has never had, the risk of companies adopting BTC will drop significantly, which will double the number of companies buying BTC. In December last year, the Financial Accounting Standards Board also issued the latest Cryptocurrency financial accounting standards, allowing companies to record encryption assets on their corporate balance sheets at fair market value, which will enhance the confidence of companies adopting BTC. Related reports: MicroStrategy Michael Saylor: If the Trump administration needs it, I am willing to serve as a Cryptocurrency advisor. MicroStrategy's own high point plummeted by 44%! 10x Research: The leveraged BTC narrative dissipates, and three key decisions will determine the trend of BTC this year. Italy plans to "raise the BTC Capital Gains Tax to 42%", and the local market may collapse? <Italy's largest bank> Banca Generali buys 11 BTC for the first time: I hope this is just the beginning>. This article was originally published in BlockTempo, the most influential Block chain news media in the dynamic area.