Italian cryptocurrency fintech company Conio has obtained the MiCAR cryptocurrency asset service provider license

According to Reuters, Italian crypto fintech company Conio, supported by Poste Italiane and Banca Generali, has obtained a crypto asset service provider (CASP) license under the EU MiCAR framework in Italy. This authorization was granted after review by the Italian Consob and the central bank, allowing Conio to provide services such as digital asset custody, transfers, and distribution.

Reports indicate that the MiCAR transition period will end on June 30, 2026, after which unlicensed companies will be unable to provide crypto services in Italy and the EU.