Conio has secured a Markets in Crypto-Assets Regulation (MiCAR) licence in Italy, enabling it to operate as a crypto-asset service provider (CASP).
The authorisation follows an assessment involving markets regulator Consob and the opinion of the Bank of Italy.
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In a statement, Conio said the “achievement” concludes a regulatory process designed to make its services available to a “broad and diverse audience”, while meeting EU requirements.
The approval comes ahead of 30 June 2026, following which firms without CASP authorisation will no longer be permitted to offer crypto services in Italy and across the EU.
Conio, which is owned by Poste Italiane and Banca Generali, said its technology supports three customer segments.
This includes retail users, who can access custody and administration services for digital assets via the Conio mobile app.
Banks and fintechs can integrate Conio’s infrastructure through “white-label solutions” to provide crypto-native and compliant services to their customers. Corporates and financial institutions can use tailored projects for managing digital assets and Real World Assets (RWA), including tokenisation initiatives.
Conio founder and CEO Christian Miccoli said: “Obtaining MiCAR authorisation in Italy is a particularly significant achievement for Conio, as it confirms the solidity of a path built within the country.
“In a strategic area like digital assets, which involves the custody of value, the finance of the future, and the technological and geopolitical competitiveness of national systems, it is essential that Italy can count on excellent organisations capable of innovating, developing expertise, and acting as a strategic partner for major Italian companies.
“This is the same spirit with which Conio participates in the Technical Roundtable of the Inter-Parliamentary Group on Digital Assets, Blockchain, and Bitcoin: contributing to a dialogue between industry, regulators, and institutions that allows Italy to lead, and not just follow, the evolution of digital finance.”
Alongside MiCAR-regulated activities such as custody, transfer and placement of digital assets, Conio said it also works on blockchain projects that fall outside the regulation’s defined services.
