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ESMA Adds 14 Crypto Firms to MiCA Register as Licensing Progresses Across EU

ESMA has added 14 new crypto service providers to its interim MiCA register, bringing the total authorized crypto-asset service providers (CASPs) across the EEA to 294. This update reflects ongoing licensing progress under the Markets in Crypto-Assets Regulation (MiCA), with the transition period now closed and all EU crypto platforms required to hold a CASP license.

Key Highlights

  • 14 new crypto firms added to ESMA's interim MiCA register
  • Total authorized CASPs across the EEA now reaches 294 providers
  • MiCA transition period has closed, making CASP licensing mandatory for all EU crypto platforms
  • Authorized providers include traditional banks and crypto-specific entities like Ripple Payments Europe

Why It Matters

This milestone demonstrates regulatory maturation in the EU crypto market and signals that platforms operating in the region must now comply with formal CASP licensing requirements. The expansion of the authorized register provides clarity on which providers meet EU regulatory standards and may influence where market participants conduct crypto transactions.

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Source: CryptoTalkies Events Feed

Frequently Asked Questions

What is MiCA and why does it matter?

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MiCA (Markets in Crypto-Assets Regulation) is the EU's regulatory framework for crypto-asset services. It establishes licensing and operational requirements for crypto service providers operating in the EU and EEA.

What is a CASP license?

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CASP stands for Crypto-Asset Service Provider license. Under MiCA, all platforms offering crypto services in the EU must now hold this license to operate legally.

What happens to crypto platforms that don't have a CASP license?

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The source does not provide information on enforcement actions or penalties for non-compliant platforms.

Which crypto firms are now authorized?

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The source names Ripple Payments Europe as one authorized provider and mentions that traditional banks are also on the register, but does not provide a complete list of the 14 newly added firms.

This page is for informational purposes only and does not constitute financial advice.Disclaimer