Banca Sella becomes first Italian bank approved for crypto services under EU MiCA regulation
By
Olivier Acuna
Crisped on the outside, thoughtful enough on the inside.
Summary
Banca Sella has become the first Italian bank to receive approval from the Bank of Italy to offer crypto-asset services under the EU's MiCA regulation. The private bank, managing €50 billion in assets and serving over 3.1 million customers, completed a formal 40-day notification process. It plans to launch services in 2026 for the custody, transfer, and receipt of digital assets, marking a significant milestone for traditional banking adoption of cryptocurrency services in Italy.
Key quotes
· 1 pulledBeing approved as a crypto-asset services provider will enable Banca Sella to launch in 2026 a solution dedicated to the custody, transfer and receipt of digital assets
You might also wanna read
Sumitomo Mitsui Trust and Hashport Launch Japan's First Reward Point-to-Stablecoin Exchange Service
Sumitomo Mitsui Trust Club has partnered with Hashport to launch Japan's first service allowing users to exchange credit card reward points
Circle Freezes $12.6M in USDC From Zama Privacy Contract Following Federal Court Order
Circle blacklisted a smart contract associated with Zama's privacy protocol on May 30, freezing approximately $12.6 million in USDC followin
Grayscale report: Hyperliquid could challenge traditional exchanges as blockchain-based financial infrastructure
Grayscale has released a report describing Hyperliquid (HYPE), a decentralized crypto perpetual futures exchange launched less than three ye
Binance targets 3 billion users by 2030 amid crypto market downturn, says executive
Binance aims to grow its active user base from 300 million to 3 billion by 2030, despite the crypto market facing a downturn and regulatory
Venture capitalist warns Bitcoin industry overlooks quantum threat to encrypted messages in transit
Venture capitalist Andrew Gault warns that the Bitcoin industry is focusing on the wrong quantum computing threat — fixating on wallet key v
Venture capitalist warns Bitcoin industry overlooks quantum threat to encrypted messages in transit
Venture capitalist Andrew Gault warns that the Bitcoin industry is focusing on the wrong quantum computing threat — fixating on wallet key v
