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Italian Fintech Conio Secures EU Crypto-Asset Licence

Milan-based fintech Conio has cleared a major regulatory hurdle by obtaining a licence to operate as a crypto-asset service provider. Backed by Poste Italiane and Banca Generali, the firm is now cleared to offer custody, transfer, and placement services across the European Union under the new MiCAR framework.

Italian Fintech Conio Secures EU Crypto-Asset Licence

The authorisation follows a rigorous joint review conducted by Consob and the Bank of Italy. Securing this status ahead of the June 30, 2026, transition deadline positions the company to maintain operations while competitors face potential exclusion from the market. Conio intends to leverage this regulatory standing to court retail investors, traditional banking institutions, and fintech partners.

CEO Christian Miccoli noted that the licence serves as a vital instrument for integrating digital assets into regulated portfolios. By focusing on white-label solutions and institutional tokenisation projects, the firm is pivoting to become a primary infrastructure partner for entities seeking to navigate the evolving blockchain landscape within European compliance standards.

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