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Italy Approves First Crypto Asset Portfolio Manager
30 Jun
Summary
- Hodli received regulatory approval under EU digital asset rules.
- This makes Hodli Italy's first manager of crypto asset portfolios.
- The approval was granted on Tuesday, June 30th.
Genoa-based fintech company Hodli achieved a significant milestone on Tuesday, June 30th, by receiving regulatory approval to operate as Italy's inaugural manager of crypto asset portfolios. This approval was granted under the European Union's comprehensive rules governing digital assets.
Hodli's new license signifies a major development in Italy's adoption of regulated digital asset services. The company is now authorized to manage crypto asset portfolios, operating within the established framework set by the EU, which aims to standardize and safeguard digital asset operations across member states.
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