Banca Sella Becomes First Italian Bank Approved for Crypto Services

Published by

Nidhi Kolhapur

May 27, 2026

Banca Sella said it has completed the notification process with the Bank of Italy, positioning it to become the first Italian bank authorized to offer crypto-related services. The bank plans to launch digital asset custody and transfer services for selected clients by the end of 2026. The move marks a significant step for crypto adoption within Italy’s traditional banking sector, especially as European regulators continue building frameworks around digital assets. Banca Sella is also a founding member of Qivalis, a group of 37 banks working on a euro-backed stablecoin initiative, signaling growing institutional interest in blockchain-based financial infrastructure.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.