IT v13.3.0

Italy (IT) · Module Detail

Italy: Stablecoins & Digital Money

← Full Italy overview Build report with Italy Request deeper dive

#

Italy implements MiCA via D.Lgs. 129/2024, splitting supervision between CONSOB (lead NCA for CASP Title V authorisation) and Banca d'Italia (EMT/ART issuer authorisation under Title III and AML supervision). Italy's national MiCA transitional regime for pre-existing VASPs closed 30 June 2026 (extended from an original 30 December 2025 deadline via the Omnibus Law Decree 95/2025). By 1 July 2026 eight Italian firms held full CASP authorisation and Banca Sella became the first Italian bank to notify for crypto custody/transfer services.

Open gap — wpm-int-2No Italy-specific stablecoin or digital-money regime development was found distinct from the crypto consumer's CONSOB/ESMA stablecoin item.Structurally absent for this jurisdiction; flagged only to satisfy the standing bias-correction checklist.
Standing sub-brief · as of 5 July 2026153 words · last cycle 2026-07-04

Stablecoins & Digital Money

Italy's national transitional regime for pre-existing virtual-asset service providers under MiCA closed on 30 June 2026, having been extended from an original 30 December 2025 deadline via the Omnibus Decree 95/2025; eight firms held full CASP authorisation as of 1 July 2026, formally closing the transitional-entry window and crystallising the competitive set of regulated Italian crypto-asset service providers. Separately, Banca Sella completed its MiCA Article 60 credit-institution notification to Banca d'Italia on 27 May 2026, becoming Italy's first bank cleared for crypto custody and transfer services, a lighter-touch notification pathway distinct from the full CASP licence pure-play crypto firms require.

no periodic updates on record for this sub-brief

Sources and findings (5)
  1. T1https://www.esma.europa.eu/sites/default/files/2024-12/List_of_Competent_Authorities_notified_to_ESMA_under_MiCA.pdf Applies beyond this jurisdiction (EU)retrieved
  2. T3https://bebeez.eu/2026/07/01/eight-italian-firms-receive-the-micar-authorization-from-consob-and-banca-ditalia-to-operate-as-crypto-asset-service-providers/retrieved
  3. T3https://en.spaziocrypto.com/banks/banca-sella-italys-first-bank-cleared-crypto-mica/retrieved
  4. T3https://coinlaw.io/banca-sella-mica-approval-crypto-italy/retrieved
  5. T3https://en.spaziocrypto.com/regulation/consob-casp-mica-italy-crypto-deadline-april-2026/retrieved