Conio, an Italian digital asset wallet provider, has secured its Markets in Crypto-Assets Regulation (MiCAR) license from Consob and the Bank of Italy. This approval comes ahead of the EU's June 30, 2026, transition deadline for regulatory compliance.
The license allows Conio to offer compliant services across the entire European economic bloc, including digital asset custody, transfer, and placement in the EU. This puts the company in an ideal position for the upcoming European union compliance deadlines.
Conio has thereby made its mark in the regional market as a trusted player, with other regional players still struggling to complete their paperwork before the final deadline. The approval also enables Conio to serve institutional investors with absolute certainty and expand its services under the new EU crypto framework.