Annunziata & Conso Advises Conio in Obtaining MiCAR Authorization from Consob

Annunziata & Conso advised Conio in obtaining the authorization issued by Consob, after consultation with the Bank of Italy, to operate as a Crypto-Asset Service Provider (CASP) pursuant to Regulation (EU) 2023/1114 on markets in crypto-assets (MiCAR). Conio, founded in 2015 and part-owned by Poste Italiane and Banca Generali, developed Italy’s first multi-signature Bitcoin wallet with the aim of broadening access to crypto-assets. The company today serves over 450,000 retail customers and supplies its technology to banks and financial institutions seeking to offer regulated digital-asset services. Annunziata & Conso supported Conio throughout the authorization process and in its dealings with the competent authorities, providing assistance on the regulatory, organisational and compliance requirements imposed by the new MiCAR regime. The grant of the authorization reflects the growing maturity of the crypto-asset market and its shift toward operational models with high standards of governance, organisation, control and investor protection. Annunziata & Conso represented Conio with a team composed by: partners Andrea Conso and Antonio Di Giorgio, senior associate Federico Tosi, associate Lorenzo Monechi and junior associate Renata Iarussi. The team advised on regulatory, organisational and compliance matters in the financial services and crypto-assets area.

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Annunziata & Conso Advises Conio in Obtaining MiCAR Authorization from Consob

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Annunziata & Conso Advises Conio in Obtaining MiCAR Authorization from Consob

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