Deep Tide TechFlow News, June 20th, according to Reuters reports, Italian crypto financial technology company Conio supported by Poste Italiane and Banca Generali has obtained a crypto asset service provider (CASP) license under the EU MiCAR framework in Italy. The authorization was granted after review by Italy's Consob and the central bank, allowing Conio to provide digital asset custody, transfers, and distribution services. The report states that the MiCAR transition period will end on June 30, 2026, after which companies without a license will be unable to offer crypto services in Italy and the EU.

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