📰 Market Newslow impact

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

ESMA has added 14 new crypto firms to its interim MiCA register, bringing the total number of authorized crypto-asset service providers across the EEA to 294. This expansion follows the closure of MiCA's transition period, during which all EU crypto platforms became required to hold a CASP (Crypto-Asset Service Provider) license.

Key Highlights

  • •ESMA's interim MiCA register now includes 294 authorized crypto-asset service providers across the EEA
  • •14 new crypto firms were added to the register in this update
  • •MiCA's transition period has closed, making CASP licensing mandatory for all EU crypto platforms
  • •Authorized providers include banks and companies such as Ripple Payments Europe

Why It Matters

This regulatory milestone demonstrates accelerating compliance with MiCA across Europe, which impacts all crypto platforms operating in the EU and EEA. The expansion of the authorized provider list signals maturation of the regulatory framework and may influence how crypto services are accessed and trusted by European users.

XRPETHBTC
Share:𝕏 TwitterTelegram

Source: CryptoTalkies Events Feed

Frequently Asked Questions

What is MiCA and why does it require licensing?

+
MiCA (Markets in Crypto-Assets Regulation) is the EU's comprehensive regulatory framework for crypto-asset services. It requires all providers offering crypto services in the EU to obtain a CASP license to ensure consumer protection and market integrity.

What is a CASP license?

+
A CASP (Crypto-Asset Service Provider) license is the authorization required under MiCA for entities offering crypto-asset services in the EU. The transition period for obtaining this license has now closed.

Does this mean all crypto platforms in the EU are now licensed?

+
According to the source, all EU crypto platforms are required to hold a CASP license now that the transition period has closed. However, the source does not specify whether all platforms have completed licensing or if enforcement actions are ongoing.

Can non-EU crypto platforms operate in Europe?

+
The source does not provide information about how non-EU platforms are affected by MiCA requirements or their ability to serve European users.

Related Events

Vietnam to Impose Fines up to $1,900 for Unlicensed Crypto Trading

Bitmine Slows Ethereum Purchases as Tom Lee Shifts $86M Into Stock Buybacks

Bank of Korea to Launch Expanded CBDC Pilot With Live Transactions Across 9 Banks in September

BitMine Boosts Ethereum Hoard to ~5.78M ETH, Aiming for 5% Supply as Strategic Hedge

← Back to Events Calendar

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