Key Takeaways:
- Banca Sella was the first Italian bank to receive authorization to provide crypto services under the EU’s framework for crypto products and services, MiCA.
- The bank plans to launch crypto custody and transfer services for selected clients in 2026.
- Banca Sella is also part of Qivalis, a consortium of 37 European banks developing a euro-backed stablecoin.
Italy’s banking sector is officially entering the regulated crypto market. Banca Sella confirmed it has completed the notification process with the Bank of Italy, allowing it to become the country’s first bank authorized to provide crypto-related services under Europe’s MiCA regulations.
The move places Banca Sella among the earliest traditional banks in Europe to directly integrate digital asset services into regulated banking operations.
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