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Italian fintech Conio secures EU licence for crypto services
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 and the EU. • Conio said ... (full story)