Overview
- Banca Sella completed a 40-day MiCA notification with the Bank of Italy on May 27, 2026, securing authorization to provide regulated crypto-asset services in Italy.
- The bank plans to offer custody, receipt and transfer of digital assets to selected corporate and institutional clients by the end of 2026 and has not announced any trading services for now.
- This approval builds on years of internal work, including a July 2025 Fireblocks custody pilot and new compliance ties with Chainalysis to operate secure, regulated custody infrastructure.
- Banca Sella is a founding member of Qivalis, a 37-bank consortium that is targeting a MiCA-compliant euro stablecoin in the second half of 2026, subject to Dutch regulator approval.
- The move illustrates a wider European push to operationalize tokenization and regulated stablecoins under MiCA and could speed business access to custody and settlement services while the United States remains without clear federal crypto rules.