Recently, news has emerged that Banca Sella has launched a Bitcoin trading service for over 13 million customers. What do we really know about this?
Recently, news emerged that Banca Sella had launched a Bitcoin trading service for over 13 million customers. The news attracted the attention of many, but there are several aspects that raise doubts about its truthfulness. Some sources report that Bitcoin Magazine may have picked up an outdated news story, referring to the partnership between Hype and Conio.
The state of affairs
For some time now, through its subsidiary Hype, Banca Sella has been offering a custody service with multisig technology and the ability to buy and sell Bitcoin, thanks to a partnership with Conio, of which it is a shareholder. This service has been active for several years.
The news of the recent launch of a new Bitcoin trading service by Banca Sella might therefore seem like a natural evolution of their offerings. However, there is a relevant detail: there have been no official announcements or confirmations from the bank itself.
Doubts and considerations
It’s legitimate to ask some questions about the reliability of the news.
Unconfirmed rumor: it could be a simple unconfirmed rumor, as has unfortunately happened in the past. Recently, even reputable industry publications have spread news that later turned out to be inaccurate. The lack of an official communication from Banca Sella might suggest that this information was disseminated prematurely or is the result of an error.
Data leak: another hypothesis is a possible leak of information regarding new digital asset buying, selling, and custody services, topics that are at the center of attention for banking institutions in view of upcoming European regulations.
Typo or confusion with Hype and Conio: finally, it’s possible that the news is the result of a typo or confusion with the existing collaboration between Hype and Conio. The partnership has been known since 2020, and a misinterpretation of news about the two companies could have been misunderstood as a new announcement.
