EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Conio licensed under MiCA in the European Union?
Conio's European entity (CONIO S.R.L.) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Italy on 16 June 2026.
Verdict: Conio appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | CONIO S.R.L. |
|---|---|
| Home Member State | Italy |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 8945000EH59XYZHK0B92 |
| Authorised services | Custody, Exchange for funds, Exchange for crypto, Order execution, Placing, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Conio
Conio is an Italian crypto-asset service operated by CONIO S.R.L., a fintech company that according to its own and press accounts was founded in 2015 in San Francisco and is now headquartered in Milan, Italy. It runs a consumer mobile wallet and exchange that lets retail users buy, sell, transfer and custody Bitcoin and other digital assets, built around a patented multi-signature 2-of-3 wallet in which two of three keys are needed to sign a transaction and the third acts as a recovery key. Alongside the consumer app, Conio offers a business arm providing custody, trading and tokenisation solutions to banks, financial institutions and companies. Source: conio.com
On its homepage Conio states that it has obtained a MiCAR licence for crypto services, describing the milestone as confirmation of its positioning as a strategic partner for investors, banks and businesses in custody, digital-asset management and tokenisation. Reuters reported in June 2026 that the Italian fintech secured an EU licence for crypto services. Conio reports a base of more than 450,000 retail customers plus business clients; that figure is the company's own statement and is not independently verified here. Sources: conio.com, Reuters
The contracting legal entity is CONIO S.R.L., authorised in Italy under MiCA. Its national competent authority is the Commissione Nazionale per le Societa e la Borsa (CONSOB), Italy's securities and markets regulator. The MiCA authorisation covers a defined set of crypto-asset services: custody and administration of crypto-assets, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, execution of orders, placing of crypto-assets and transfer services. Sources: conio.com, Reuters
It is worth distinguishing what the licence does and does not cover. Conio explicitly labels its custody and trading offering as "Regolato MiCAR" (regulated under MiCAR) while marking its tokenisation offering as "Non Regolato MiCAR" (not regulated under MiCAR) on its own site, so tokenisation falls outside the MiCA authorisation. The research provides no support for Conio offering staking, interest-bearing savings or a payment card, and those services are not part of the authorised list. Source: conio.com
Which crypto services is Conio authorised to offer in the EU?
Under its MiCA authorisation issued by Italy, Conio (CONIO S.R.L.) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
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Providing custody and administration of crypto-assets on behalf of clients
The exchange holds your crypto in its own wallets. Authorisation here means MiCA's segregation and insurance rules apply: client crypto-assets must be ring-fenced from the exchange's own funds.
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Exchange of crypto-assets for funds
The exchange offers crypto-to-fiat (e.g. BTC to EUR) and fiat-to-crypto conversion. Authorisation here implies MiCA's pricing transparency requirements.
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Exchange of crypto-assets for other crypto-assets
The exchange offers crypto-to-crypto trading (e.g. BTC to ETH). Required for most spot trading pairs not denominated in fiat.
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Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
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Placing of crypto-assets
The exchange can underwrite or distribute new crypto-asset issuances. Relevant for primary offerings and structured token launches.
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Providing transfer services for crypto-assets on behalf of clients
The exchange can move crypto between addresses on your behalf, including off-platform withdrawals. The Travel Rule applies to these transfers.
Which services is Conio not authorised to offer?
Conio's MiCA licence does not cover: Trading platform, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Conio under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
What does this mean for users of Conio in the EU?
If you transact through Conio's EEA-authorised entity (CONIO S.R.L.), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in Conio's terms of service that your contracting entity is CONIO S.R.L., not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Conio?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| OKX | Malta | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind Conio's entry on the register:
Frequently asked questions about Conio and MiCA
Is Conio licensed under MiCA?
Yes. Conio appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Italy.
Which EU countries can Conio serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on Conio protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in Conio's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to Conio's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- ESMA MiCA Register - Conio (CONIO S.R.L.)
- Conio official website
- Conio official website (issuer disclosure, MiCAR licence statement and regulated/not-regulated labelling)
- Reuters: Italian fintech Conio secures EU licence for crypto services (June 2026)
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