Per Woofun AI, Italian fintech firm Conio has secured authorization in Italy to operate as a Crypto Asset Service Provider (CASP) in compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCAR). This regulatory milestone positions the company to legally offer cryptocurrency services throughout the bloc.

Conio disclosed that its strategic focus encompasses retail investors, financial institutions, and fintech entities requiring white-label solutions.

Additionally, the firm aims to support organizations seeking advanced tokenization and digital asset management capabilities, thereby broadening its institutional footprint.