Italian fintech company Hodli has been approved to become the country's first crypto portfolio management institution regulated by MiCA

The Italian fintech company Hodli has been authorized by the Bank of Italy to become the first licensed crypto asset portfolio management institution in the country under the EU's Markets in Crypto-Assets Regulation (MiCA). It is reported that this authorization allows Hodli to break through the traditional limitations of single custody services and directly provide clients with active crypto asset portfolio management services.