The European Securities and Markets Authority (ESMA) has added 14 new crypto firms to its MiCA register, raising the total to 294 authorized crypto-asset service providers across Europe.
This expansion follows the completion of the MiCA transition period, leading to a surge in licensing activity. In the previous update, 37 firms were authorized, indicating a significant regulatory push in the digital asset sector.
Notable additions to the register include Ripple Payments Europe, Bison Bank from Portugal, and Croatia’s Hrvatska poštanska banka. German banks, such as Volksbank Schwarzwald-Donau-Neckar and Raiffeisenbank Auerbach-Freihung, also joined the list, showcasing a growing interest from traditional financial institutions in the crypto space.
ESMA's latest round of approvals reflects ongoing efforts to regulate the market. Since July 1, when the grandfathering period ended, ESMA has authorized 51 firms, a clear sign of continued regulatory engagement. The previous number of authorized providers was around 244 before this regulatory shift.
The inclusion of Ripple Payments Europe, which received its authorization through Luxembourg’s financial regulator, supports its operations under MiCA passporting rules across the European Economic Area. Luxembourg's regulatory framework continues to attract major digital asset firms seeking compliance and certainty.
As the MiCA framework evolves, the presence of traditional banking institutions within the register is increasing. This trend is evident as more cooperative banks in Germany and new institutions in Portugal and Croatia receive authorization.
This material is informational and not financial advice.
