CEO of UniCredit Supports Digital Euro with Banks’ Role Intact
Andrea Orcel, CEO of UniCredit, expressed support for a digital euro as long as banks play a vital role in its development and management. According to Reuters, Andrea Orcel, CEO of UniCredit, discussed the potential benefits of the digital euro at a Mediobanca conference, saying it could be “very good” if financial lenders continue to […]
UniCredit Fined for Illegally Closing Crypto Mining Company’s Account
UniCredit, an Italian banking firm, has been fined $144 million for allegedly closing accounts belonging to a crypto mining company. Following a case brought by a subsidiary of the crypto mining business Bitminer Factory, a district court in Banja Luka, Bosnia, and Herzegovina, has determined that UniCredit’s branch office in the nation would pay a […]