The Poste Italiane- and Banca Generali-backed fintech can provide digital-asset custody, transfer and placement services after approval by Consob and the Bank of Italy, as the EU’s June 30 deadline nears.
Italy-based crypto fintech Conio has secured a crypto-asset service provider license under the European Union’s MiCAR framework in Italy, allowing it to offer digital-asset custody, transfer and placement services. The approval, which involved reviews by Consob and the Bank of Italy, comes just ahead of the June 30, 2026 end of MiCAR’s transition period, after which firms without authorization can no longer provide crypto services across the bloc. Backed by Poste Italiane and Banca Generali, Conio now has a route into traditional banking distribution and says it plans to focus on retail investors, white-label services for banks and fintechs, and tokenization and digital-asset management for corporate and financial institutions. The license also lands as banks and payment firms across Europe accelerate efforts to secure MiCAR authorization under the EU’s single crypto rulebook.