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Italian fintech Conio secures EU licence for crypto services

Italian fintech Conio secures EU licence for crypto services

MILAN, June 17 (Reuters) – ⁠Conio, an Italian fintech backed by ⁠Poste Italiane and Banca Generali, has ‌obtained a licence in Italy under the European Union regulation for digital assets (MiCAR) to operate as ​a crypto-asset service provider (CASP).

* The ⁠authorisation, granted following ⁠a review involving markets regulator Consob and ⁠the ‌Bank of Italy, allows Conio to offer custody, transfer and placement ⁠of digital assets under EU regulatory ​standards.

* The ‌move comes ahead of the June ⁠30, 2026 ​end of the MiCAR transition period, after which unlicensed firms will be barred from ⁠offering crypto services in Italy…

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