TechFlow reports that on May 27, according to Criptovaluta.it, Italy’s Banca Sella announced it has completed the notification process with the Bank of Italy (Banca d’Italia) and will become the first Italian bank to operate cryptocurrency services in compliance with the EU’s Markets in Crypto-Assets (MiCA) Regulation. The bank plans to launch digital asset custody and transfer services for select client groups by the end of 2026. Banca Sella is also a founding member of the Qivalis Alliance, which currently comprises 37 European banks working together to launch a euro-pegged stablecoin.
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