Italy’s Banca Sella will launch digital asset custody and transfers by late 2026 after regulatory clearance from the Bank of Italy.
Banca Sella has secured regulatory approval from the Bank of Italy to offer crypto-related services, becoming the first Italian bank to do so. The bank plans to introduce digital asset custody and transfer services for select clients by the end of 2026.
The bank has been active in fintech innovation, participating in the Bank of Italy’s Fintech Milano Hub pilot since 2022. It is also a founding member of Qivalis, a consortium of 37 European banks developing a euro-pegged stablecoin.
No immediate market reaction was reported following the announcement.