Banca Sella, a private bank in Italy, receives approval from the Bank of Italy to provide crypto-related services under the EU’s Markets in Crypto-Assets (MiCA) framework. Multiple reports say the authorization allows the bank to offer digital asset custody and crypto transfer services, with Banca Sella described as the first Italian lender to obtain this form of regulatory clearance under MiCA. The bank’s plans include launching services for selected customer categories rather than broadly rolling them out immediately. CoinTelegraph reports that the bank intends to introduce digital asset custody and related transfer and receipt services in 2026, indicating a phased approach following regulatory approval. CoinDesk similarly states that the approval covers digital asset custody and transfers for customers in Italy. The reports do not provide additional details on eligibility criteria for the initial customer set, operational scope beyond custody and transfers, or the specific assets involved. Overall, the news reflects a step-by-step implementation of MiCA across the Italian banking sector, with Banca Sella positioned as an early mover following regulator authorization.
Banca Sella receives Bank of Italy approval under MiCA to offer crypto services
Banca Sella, a private bank in Italy, receives approval from the Bank of Italy to provide crypto-related services under the EU’s Markets in Crypto-Assets (MiCA) framework. Multiple reports say the aut...
- Banca Sella receives approval from the Bank of Italy to provide crypto services under MiCA.
- The approval covers digital asset custody and crypto transfer-related services.
- At least two reports say Banca Sella is the first Italian lender to receive MiCA clearance for these services.
- The bank plans to launch crypto services in 2026 for selected customer categories.
- Services include digital asset custody plus transfer and receipt functions, according to one report.
The bank plans to launch digital asset custody, transfer and receipt services in 2026 for selected customer categories.
2 months agoThe fintech-forward private bank said it is the first Italian lender to get Bank of Italy approval under MiCA to offer digital asset custody and transfers.
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