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Banca Sella Becomes First Italian Bank Approved for Crypto Services

Published by
Nidhi Kolhapur

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.

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Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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