licencemap
Informational only, not legal advice. Verify with qualified counsel before acting. Full disclaimer

Matrix / Italy

🇮🇹 Italy

MiCA CASP authorisation issued by Consob (conduct) with Banca d'Italia (prudential); 8 firms authorised as of July 2026

Crypto (CASP) E-Money (EMI)
Last verified 2026-07-02 Next review 2026-07-16

Data verified: oldest cell 1 day ago (verified 2026-07-02). Individual cells show their own verification date below.

Licence type

Istituto di Moneta Elettronica (IMEL), authorised under Legislative Decree 11/2010 / TUB (Testo Unico Bancario) implementing EMD2, per Banca d'Italia's 'Disposizioni di vigilanza per gli Istituti di Pagamento e gli IMEL'. No separate branded 'small IMEL' tier distinct from general PSD2 exemption thresholds was confirmed; Italy's framework centers on the full IMEL authorisation.

Verified 2026-07-02 Source: Banca d'Italia: https://www.bancaditalia.it/compiti/vigilanza/accesso-mercato/imel/index.html

Regulator

Banca d'Italia (Bank of Italy) - Vigilanza (Supervision) function

Verified 2026-07-02 Source: Banca d'Italia: https://www.bancaditalia.it/compiti/vigilanza/intermediari/business-in-italia/attivita-istituto-imel/index.html

Capital requirement 🔒

Unlock capital requirement with Pro

Timeline to authorisation 🔒

Unlock timeline to authorisation with Pro

Local substance 🔒

Unlock local substance with Pro

Application cost 🔒

Unlock application cost with Pro

Ongoing cost 🔒

Unlock ongoing cost with Pro

Passporting 🔒

Unlock passporting with Pro

EMIs authorised 🔒

Unlock emis authorised with Pro

Key restrictions 🔒

Unlock key restrictions with Pro

Safeguarding 🔒

Unlock safeguarding with Pro

Recent changes

PSD3/PSR final compromise texts agreed by Parliament and Council, published 23 April 2026; undergoing legal-linguistic review before Official Journal publication expected June/July 2026 (possible slip to September). As a Regulation, the PSR will apply directly in Italy without national transposition; PSD3 requires transposition within 18 months. No Italy-specific transposition law yet as of mid-2026.

Verified 2026-07-02 Source: Norton Rose Fulbright: https://www.nortonrosefulbright.com/en/knowledge/publications/cedd39c6/psd3-and-psr-from-provisional-agreement-to-2026-readiness ; Herbert Smith Freehills Kramer: https://www.hsfkramer.com/notes/fsrandcorpcrime/2026-posts/the-new-eu-payments-rulebook-psd3-psr

Difficulty rating 🔒

Unlock difficulty rating with Pro

The decision numbers for Italy are one step away

Capital, timeline, costs, substance, passporting, restrictions and difficulty, with sources and verification dates. Deciding now? The one-off Founder Pass (£349) unlocks everything for 30 days. The free showcase jurisdiction shows you the exact format and quality first.

See pricing See the free jurisdiction first

Track Italy

Get an email when this regime changes, fee schedules, capital rules, transition deadlines.

Informational only, not legal advice. Entries marked as placeholder or awaiting verification must not be relied on. Confirm all requirements with Italy's regulator and qualified local counsel before acting.