Crypto-assets: Consob authorises the first service provider (CASP) - CONSOB AND ITS ACTIVITIES
Consob has granted the first authorisation as a crypto-asset service provider (CASP), pursuant to the European Regulation on markets in crypto-assets
The measure, adopted following the supervisory review process and after receiving the favourable opinion of the Bank of Italy, concerns CheckSig S.r.l. Società Benefit.
The company has so far operated as a provider of services relating to the use of virtual currency and digital wallets, under the transitional regime provided for the gradual alignment with the new European regulatory framework
As a result of the authorisation, CheckSig S.r.l. Società Benefit will be removed from the register held by the Organismo agenti e mediatori for virtual asset service providers and entered in the single European register of crypto-asset service providers kept by the European securities and markets authority
With regard to the transitional regime, Consob recalls that operators currently entered in the register held by the Organismo agenti e mediatori as providers of services relating to virtual currency must obtain authorisation under the European Regulation on markets in crypto-assets by 30 June 2026 in order to continue providing their services
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