Banca Sella Becomes Italy’s First Bank to Offer Crypto Services
- Banca Sella has received authorization from the Bank of Italy to provide cryptocurrency services.
- The services are expected to launch by the end of 2026, initially for a select group of clients.
- Services will include storage and transfer of crypto-assets, compliant with EU MiCAR regulations.
- Banca Sella is part of a consortium planning to launch a euro-backed stablecoin by late 2026.
This development positions Banca Sella as a pioneer in Italy’s banking sector, reflecting a broader trend towards embracing digital currencies within European financial systems.
With the rollout of cryptocurrency services by late 2026, Banca Sella aims to enhance its offerings while adhering to regulatory standards set forth by the EU.(Source)
