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MiCA licence in Italy: CONSOB

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ESMA data
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Short answer

CONSOB, in consultation with Banca d’Italia authorises crypto-asset service providers whose home state is Italy. The national MiCA transition ran until 30 June 2026. ESMA’s CASP data dated 6 October 2026 lists 9 current entries with Italy as home state, and 193 firms authorised elsewhere that notified services into Italy.
CASP authority
CONSOB
Transition ended
30 June 2026
CASPs with Italy as home state
9
Firms passported into Italy
193
On this page9 sections
  1. Who authorises CASPs in Italy?
  2. CASPs authorised in Italy
  3. Services held by CASPs in Italy
  4. Firms passported into Italy
  5. Tracked exchanges in Italy
  6. Article 110 warnings
  7. How to apply for a MiCA licence in Italy
  8. Frequently asked questions
  9. Sources

Who authorises CASPs in Italy?

CONSOB, in consultation with Banca d’Italia is the competent authority for the crypto-asset service provider rules in Title V of MiCA when Italy is the home state. It receives Article 62 applications, decides on Article 63 authorisation and receives Article 60 notifications from eligible financial entities. Some payment and e-money cases use Banca d’Italia.

Lead CASP authority
CONSOB
CONSOB, in consultation with Banca d’Italia
Transition ended
30 June 2026
OAM-registered firms, or a group company, had to apply by 30 December 2025. Firms that did not apply had to stop on that date.
Authorities in ESMA’s CASP file
1
Commissione Nazionale per le Societa e la Borsa (CONSOB)
White papers notified here
8
8 other crypto-assets (Title II), 0 e-money tokens (Title IV)

The authority link opens the official regulator site. ESMA publishes the interim MiCA register that this page reads, and the searchable CASP register holds every entry from it. The 8 crypto-asset white papers notified in Italy are listed with the rest of the Title II notices.

CASPs authorised in Italy

ESMA’s CASP data dated 6 October 2026 lists 9 current entries with Italy as home state. The earliest authorisation date is 27 April 2026 and the latest is 30 June 2026. Names link to our exchange record where we track the brand, and to the register row otherwise.

Current CASP entries with Italy as home state, ESMA data dated 6 October 2026
BANCA SELLA2/101/30
CHECKSIG S.R.L. SOCIETÀ BENEFITCheckSig5/101/30
OLLIV ITALIA S.R.L.CoinFlip1/101/30
RIV-DIGITAL S.R.L.RIV-Digital3/101/30
CONIO S.R.L.Tracked brand: Conio6/101/30
CRYPTOSMART S.P.A.Tracked brand: Cryptosmart6/101/30
HERCLE S.R.L.Hercle4/1027/30
HODLIE S.R.L.Hodli2/1017/30
YOUNG PLATFORM S.P.A.Tracked brand: Young Platform8/102/30

Services are the ten MiCA service letters a to j. EEA reach counts the home state plus each host state ESMA lists for the entity.

Services held by CASPs in Italy

Each bar counts the current entries with Italy as home state that hold the service. Most firms combine several services, so the bars add up to more than 9.

  1. aCustody and administration of crypto-assets for clients7
  2. bOperation of a trading platform for crypto-assets0
  3. cExchange of crypto-assets for funds (fiat)7
  4. dExchange of crypto-assets for other crypto-assets6
  5. eExecution of orders for crypto-assets on behalf of clients4
  6. fPlacing of crypto-assets4
  7. gReception and transmission of orders for clients0
  8. hAdvice on crypto-assets1
  9. iPortfolio management on crypto-assets2
  10. jTransfer services for crypto-assets on behalf of clients6

Firms passported into Italy

In all, 193 firms authorised in another EEA state may serve residents of Italy. Each one lists Italy as a host state for at least one current service in ESMA’s file, through the Article 65 cross-border notification route. Most come from France (27), Cyprus (20), the Netherlands (20) and Malta (18).

Show all 193 firms notified into Italy

Tracked exchanges in Italy

We track 52 licensed exchange and broker brands. The groups below sort them by ESMA’s home and host states for Italy.

Authorised in Italy 3

Notified into Italy 41

Licensed, not notified for Italy 8

No current MiCA authorisation 7

A missing notification means ESMA’s file names no service in Italy for that legal entity. The brand may still reach Italy through another group entity or a later notification, so check the record before you rely on it. Platforms in the last group restrict EEA services or are still applying; see exchanges without a MiCA licence.

Article 110 warnings

ESMA’s Article 110 file dated 16 September 2026 holds 164 entries reported from Italy: entities that provided crypto-asset services without MiCA authorisation. The 15 newest are below; the full list is on the warning-list page. Websites are left out on purpose.

  1. Nextrize Invest2 websites
  2. Cervo Rendisco8 websites
  3. Corona Fondenza2 websites
  4. Flandenzo4 websites
  5. Kortex1 website
  6. Reversal Investment Group1 website
  7. 3VK1O51 website
  8. DXGE851 website
  9. EWTD551 website
  10. FHF3261 website
  11. KSDF121 website
  12. REG7751 website
  13. RER8851 website
  14. RSD9961 website
  15. SDS3231 website

The MiCA warning list shows every entry with its reporting state and date.

How to apply for a MiCA licence in Italy

A firm with its registered office and effective management in Italy applies to CONSOB for authorisation under Article 63. The Article 62 file covers the services in scope, governance, at least one EU-resident director, prudential safeguards, safeguarding of client assets, complaints handling and the business continuity and ICT controls that DORA requires.

Credit institutions, investment firms, e-money institutions, UCITS management companies, market operators and other entities listed in Article 60 can instead notify CONSOB of equivalent services. They must notify at least 40 working days before they first provide the services.

MiCA routes for a CASP with Italy as home state
RouteWho uses itStatutory timing
Article 63 authorisationA new crypto-asset service provider25 working days to check completeness, then 40 working days to assess the complete file
Article 60 notificationAn entity already authorised as a bank, investment firm, e-money institution or similarNotification at least 40 working days before the first service
Article 65 notificationA CASP authorised in another EEA state that wants to serve residentsThe home authority forwards the notification to the host state
Annex IV minimum capital by class for an Article 63 CASP
MiCA classMinimumTypical service scope
Class 1€50,000Orders, execution, placing, transfers, advice and portfolio management
Class 2€125,000Class 1 plus custody and crypto exchange services
Class 3€150,000Class 2 plus operating a crypto-asset trading platform

Article 67 sets the requirement at the higher of the Annex IV minimum or one quarter of the previous year’s fixed overheads. The statutory periods cover the regulatory review only: preparation and questions from the authority add time. The CASP licence guide maps the services, documents and process, and the MiCA licence cost guide separates capital from fees and running costs.

Frequently asked questions

Who issues a MiCA CASP licence in Italy?

CONSOB, in consultation with Banca d’Italia is the competent authority for crypto-asset service providers with Italy as their home state. Some payment and e-money cases use Banca d’Italia. The authority reports each authorisation to ESMA, and the entry then appears in the EU-wide interim MiCA register.

How many CASPs are licensed in Italy?

ESMA’s CASP data dated 6 October 2026 lists 9 current entries with Italy as home state. The earliest authorisation date is 27 April 2026 and the latest is 30 June 2026. A further 193 firms authorised in other EEA states list Italy as a host state under Article 65.

When did the MiCA transition period end in Italy?

An eligible firm could rely on the national transition in Italy until 30 June 2026. OAM-registered firms, or a group company, had to apply by 30 December 2025. Firms that did not apply had to stop on that date. After that date a provider needs its own MiCA authorisation, a valid Article 60 notification or an Article 65 notification from another EEA home state.

Can a crypto firm licensed in another EU country serve customers in Italy?

Yes, through Article 65. A CASP authorised in another EEA state tells its home authority which services it will provide in Italy, and that authority forwards the notification. ESMA’s data lists 193 such firms for Italy. They do not need a separate CASP licence in Italy, although local rules outside MiCA, such as marketing, tax and anti-money-laundering requirements, can still apply.

Sources

Official sources

  1. CONSOB, in consultation with Banca d’Italia: official siteconsob.it
  2. ESMA interim MiCA registeresma.europa.eu
  3. ESMA’s Article 93 competent-authority listesma.europa.eu
  4. ESMA’s Article 143 transition listesma.europa.eu
  5. Regulation (EU) 2023/1114 on EUR-Lexeur-lex.europa.eu

Register data through 6 October 2026; Article 110 data through 16 September 2026. Reviewed 14 October 2026. Authority responsibilities and firm counts change; confirm the current position with the authority and ESMA before acting. This page gives general information and does not provide legal, tax, regulatory or investment advice.

Compare the other EEA states

The country comparison lists the authority and current CASP count for all 30 EEA states. The register shows every legal entity behind the totals.

Compare 30 countriesSearch the CASP register

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