Conio Secures Authorisation to Operate as Crypto-Asset Service Provider in Italy

Conio, an Italian fintech platform, has secured authorization to operate as a crypto-asset service provider in Italy under the MiCAR framework. This comes ahead of the European Union's regulatory deadline, which requires all entities to be licensed by June 30, 2026.

The platform can now offer regulated digital asset operations, including custody solutions, transaction processing, and placement operations for cryptocurrency assets. Conio must adhere to MiCA requirements regarding transparency, governance structures, and risk management protocols.

Conio's authorization is a significant boost to Italy's position in Europe's transition toward licensed cryptocurrency operations. The platform has received financial support from Poste Italiane and Banca Generali, providing substantial institutional connections.