Italian fintech company Conio obtains MiCAR license to provide crypto-asset services

According to Reuters, Italian fintech company Conio has obtained a crypto-asset service provider license under the EU’s Markets in Crypto-Assets Regulation (MiCA) framework in Italy. The license was approved following review by Italy’s securities market regulator and the Bank of Italy, enabling Conio to offer digital asset custody, transfer, and distribution services in compliance with EU regulatory standards.