According to Criptovaluta.it, Banca Sella in Italy has announced the completion of its notification process with the Bank of Italy (Banca d'Italia), becoming the first Italian bank to comply with the EU’s MiCA regulation for cryptocurrency services. The bank plans to launch digital asset custody and transfer services for a select group of customers by the end of 2026. Banca Sella is also one of the founding members of the Qivalis alliance, which currently brings together 37 European banks aiming to launch a euro-pegged stablecoin.
Banca Sella to Become Italy’s First Bank Compliant in Crypto Services
TechFlowShare
Summary
Banca Sella is set to become Italy’s first bank compliant with crypto services, following notification to the Bank of Italy. The bank will offer digital asset custody and transfer services by 2026. As a founding member of Qivalis, it joins 37 European banks developing a euro-backed stablecoin. On-chain news continues to highlight institutional moves into regulated digital assets.
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