Banca Sella Becomes Italy’s First Bank to Offer Crypto Services Under MiCA

Banca Sella has officially completed the notification process with the Bank of Italy, becoming the first Italian financial institution authorized to provide cryptocurrency services under the European Union's Markets in Crypto-Assets (MiCA) regulation. The bank plans to roll out digital asset custody and transfer services to select clients by the end of 2026. This strategic move leverages the bank's existing technological infrastructure and long-term participation in the Bank of Italy’s Fintech Milano Hub pilot program. Beyond custody, Banca Sella is a founding member of the Qivalis consortium, a group of 37 European banks collaborating to develop a euro-pegged stablecoin. The institution is also actively monitoring European Central Bank initiatives, including the Pontes and Appia projects, to ensure alignment with evolving financial infrastructure. By operating within the MiCA framework, the bank gains a significant competitive advantage in the Italian market while peers await further regulatory clarity. This development underscores a broader shift toward programmable, tokenized financial models within the European banking sector.

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