TechFlow News, June 18: According to Reuters, Italian fintech company Conio has obtained a crypto-asset service provider license under the EU’s Markets in Crypto-Assets Regulation (MiCAR) framework in Italy. The license was approved following review by Italy’s securities market regulator and the Bank of Italy, authorizing Conio to offer digital asset custody, transfer, and distribution services in compliance with EU regulatory standards.
This development comes ahead of the expiration of MiCAR’s transitional period on June 30, 2026, after which unlicensed entities will be prohibited from providing crypto-asset-related services in Italy and across the EU. Conio stated that it plans to offer white-label solutions to retail investors, banks, and fintech firms, and expand its business into tokenization and digital asset management.
