ESMA has added 15 more crypto-asset service providers to its MiCA register, bringing the total number of distinct listed firms to 309 across Europe. The latest update includes BNY’s Belgian subsidiary, which received approval covering crypto custody and transfer services, and suggests licensing activity is continuing even after the bloc’s July 1 transition deadline.
Register grows after July 1 cutoff
The European Securities and Markets Authority’s register is the public record for firms authorised under the Markets in Crypto-Assets framework. With the latest additions, the total has risen to 309 providers.
The new entries come after the July 1 transition deadline, when operators offering covered services were required to obtain authorisation as crypto-asset service providers, or CASPs. The latest update indicates that approvals are still being processed and added after that date rather than ending at the deadline itself.
BNY subsidiary added in Belgium
Among the new names is BNY SA/NV, the Belgian banking subsidiary of U.S. financial services group BNY. Its authorisation from the National Bank of Belgium covers crypto-asset custody and transfer services.
The addition gives one of the world’s established financial groups a formal entry on the MiCA register through its Belgian unit. ESMA’s listing reflects authorisation status under the framework, not an assessment of a firm’s financial strength or service quality.
Germany and Denmark lead latest wave
Germany accounted for four of the 15 new entries. These were Raiffeisenbank Falkenstein-Wörth, Spar- und Kreditbank Rheinstetten, VR-Bank Augsburg-Ostallgäu and JT Technologies.
Denmark followed with three additions: Coinify ApS, SafeLynx Technologies and Januar. Other firms added in the latest round include BitPay B.V. in the Netherlands.
In total, the 15 new providers came from eight jurisdictions, with Germany contributing the most and Denmark the second-highest number in this update.
What the update signals
The latest changes point to continued movement in Europe’s crypto licensing pipeline even after MiCA’s transition date passed. While the register total is still rising, the source article notes that some firms may face high compliance costs under the new regime.
For now, ESMA’s updated list mainly serves as a snapshot of which firms have secured authorisation for covered crypto services in European markets. The increase to 309 suggests that the register may continue to expand as additional approvals are granted and recorded.
Source: crypto.news