Conio receives MiCAR license as a crypto asset service provider, enabling digital asset custody and other services

Odaily reported that Conio, an Italian crypto fintech company backed by Poste Italiane and Banca Generali, has obtained a Crypto Asset Service Provider (CASP) license under the EU MiCAR framework in Italy. The authorization was granted by the Italian Consob following review alongside the central bank, allowing Conio to provide services such as digital asset custody, transfers, and placement. The MiCAR transitional period will end on June 30, 2026, after which companies without a license will be unable to offer crypto services in Italy and the EU.