Banca Sella Becomes First Italian Bank Cleared for Crypto Services Under MiCA

Banca Sella has made history as the first Italian bank to receive clearance under the Markets in Crypto-Assets (MiCA) framework. This regulatory framework, established by the European Union, provides a common set of rules for crypto firms and financial institutions operating within the EU.

With its notification process complete, Banca Sella is now cleared to offer digital asset custody, receipt, and transfer services. These services will allow clients to hold and move cryptocurrency assets through a regulated banking provider. The bank plans to make these services available to selected clients by the end of 2026.

The approval marks a significant step for regulated crypto services in Italy and reflects a wider trend among European banks to enter digital asset markets through clearer rules. Unlike direct trading products, which carry higher risks, custody and transfers remain core banking-style services that are more suited to traditional financial institutions.