Tag: Italian

Coinbase and Conio Partner to Bring Digital Assets to Italian Banks

The partnership between Coinbase and Conio is indicative of a larger trend in Europe that sees traditional banks and other financial institutions accepting cryptocurrencies more and more. The well-known US cryptocurrency exchange Coinbase and Conio, an Italian cryptocurrency wallet provider partly owned by two large Italian companies, have formed a new alliance. This partnership aims to make a variety of digital assets more easily accessible to banks and other financial institutions across Italy. Conio will make use of Coinbase Prime to provide institutional-grade liquidity support for crypto-friendly banks looking to…

Conio, Backed by Italian Banks, Partners with Coinbase for Supporting Crypto Banking in Italy

“Conio created the first multisig bitcoin wallet for smartphones in Italy, and we are now enlarging the custody capabilities because Italian banks are demanding more in the way of digital assets,” said Conio general manager Orlando Merone in an interview. “We are adding EVM Ethereum Virtual Machine chains, and the target is to cover almost 60% of the digital assets market by next year.” Source

Sam Bankman-Fried Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant

In March 2022, Bankman-Fried even took a dinner with Mayor Adams at Osteria La Baia, an Italian restaurant near the Museum of Modern Art that’s owned by friends of Hizzoner and has become his de-facto after-hours office. A copy of the mayor’s public schedule has a “Hold for Mayor” meeting on March 3, 2022, starting at 8:30 p.m. ET, but does not include details of who he met with. In September 2022 Bankman-Fried was slated to meet New York Governor Kathy Hochul at The Capital Grille steakhouse – an odd…

Former Italian Central Banker Piero Cipollone Defends Digital Euro as He Seeks to Replace CBDC Supremo Fabio Panetta

The ECB lawmakers favored Cipollone’s candidacy to steer forward the agenda of a digital Euro to reinforce the public money infrastructure amid the mainstream adoption of digital assets. The European Union is preparing to roll out its Central Bank Digital Currency (CBDC) in a few years to keep its economic outlook competitive amid changing puzzles of geopolitics. Blockchain technology has been identified as a key to a successful digital Euro to enable retail CBDCs along the way. In the latest move, former Italian central banker, Piero Cipollone, largely convinced the…

Italian central bank backs DeFi tokenization project with Polygon, Fireblocks

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The Bank of Italy’s Milano Hub innovation center will provide support for a project developed by Cetif Advisory to research a security token ecosystem for institutional decentralized finance (DeFi).  The project has no “commercialisation purpose,” but will extend “the scope of analysis” of security tokens on secondary markets. Security tokens are digitized representations of the ownership of real-world assets. Cetif Advisory general manager Imanuel Baharier said in a statement: “We believe it is vitally important to create the conditions for DeFi to become a safe and open operating environment for…

Italian senator provokes parliament with AI-generated speech

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An Italian senator spoke before members of the Italian parliament with — unbeknownst to parliament members — a speech entirely composed by artificial intelligence (AI). In the parliamentary meeting on May 31, Italian Senator Marco Lombardo pulled the stunt to spark a “serious debate” among his colleagues about what’s at stake and in-store from AI usage, according to a local news report. L’intelligenza artificiale può migliorare la nostra vita quotidiana, ma come possiamo garantire che non crei nuove disuguaglianze e divisioni nella società? Il discorso del Senatore @mlombardo81 è stato…

Italian regulator draws criticism for blocking AI chatbot ChatGPT

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Italy’s ban on conversational artificial intelligence (AI) ChatGPT sparked major controversy among the tech industry as well as in the country. The Italian Deputy Prime Minister Matteo Salvini expressed criticism that the block over privacy concerns seemed excessive.  On Friday, following concerns raised by the national data agency about possible privacy violations and failure to verify the age of users, Microsoft-backed OpenAI took ChatGPT offline in Italy. This action by the independent agency marked the first instance of a Western country taking measures against a chatbot that operates on artificial…

Italian football club, AS Roma, adopts DigitalBits and XDB

AS Roma, an Italian football club, now supports XDB, a cryptocurrency native to DigitalBits, a network that says it is a “leading blockchain for companies.” AS Roma, whose Paulo Dybala is now MonkeyLeagues brand ambassador, now becomes the first team in the history of professional football to use blockchain technology.  This is a milestone for the DigitalBits community as they strive to accelerate the adoption of crypto and Web3, according to Daniele Mensi, the managing director of the DigitalBits Foundation.  “As one of the big football clubs in the globe with millions of…