Banca Sella Cleared to Offer Crypto Custody and Transfer Services
Banca Sella has become the first Italian bank authorized to provide crypto custody and transfer services after completing its notification with the Bank of Italy under the EU's MiCA regulation.
pymnts.comBanca Sella will become the first Italian bank to offer crypto custody and transfer services. The bank completed its notification with the Bank of Italy under the Markets in Crypto-Assets regulation.
The notification process allows the bank to begin offering the services once the review period ends. No other Italian bank has completed the same notification to date.
The services will include holding customer crypto assets and executing transfers on their behalf. Banca Sella did not disclose a launch date for the new offerings. The move follows the EU-wide implementation of MiCA, which sets uniform rules for crypto-asset service providers across member states.
Key Facts
Story Timeline
2 events- May 27, 10:03 AM ET
1 new source added: @BitcoinMagazine
1 source@BitcoinMagazine - May 2026
Banca Sella completed its notification with the Bank of Italy under MiCA.
2 sourcesWatcherGuru · CoinDesk
Potential Impact
- 01
Italian customers will gain access to regulated crypto custody from a domestic bank.
- 02
Other Italian banks may submit similar notifications to the Bank of Italy.
Transparency Panel
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