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Banca Sella gets green light to provide crypto services to customers in Italian first

CoinDesk
Banca Sella has become the first Italian bank to receive approval for offering crypto services under the European Union’s MiCA regulation.

Summary

Banca Sella has secured a license from the Bank of Italy to provide cryptocurrency services, marking a milestone as the first Italian lender to do so under the EU’s Markets in Crypto-Assets (MiCA) framework. The bank plans to launch services for digital asset custody, transfer, and receipt in 2026. This initiative utilizes infrastructure developed through partnerships with Chainalysis and Fireblocks. The move aligns the bank with other major European institutions, such as Commerzbank and BBVA, while further integrating Banca Sella into broader European projects regarding stablecoins and tokenized finance.

(Source:CoinDesk)