ESMA Approves 14 Additional Crypto Companies Under MiCA Framework - Blockonomi

by · Blockonomi

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  • European regulators authorize 14 additional digital asset companies under MiCA compliance framework
  • Ripple Payments Europe secures regulatory approval as part of ESMA’s latest authorization wave
  • Traditional banking institutions accelerate crypto services expansion following new MiCA approvals
  • Total licensed crypto-asset service providers across Europe reaches 294 entities
  • Weekly regulatory updates demonstrate ongoing growth in Europe’s digital asset sector participation

The European Securities and Markets Authority (ESMA) has expanded its MiCA register by authorizing 14 additional crypto-asset service providers in its most recent licensing round. This brings the total count of approved entities to 294 throughout the European market. The expansion demonstrates continued regulatory momentum following the conclusion of the MiCA transition phase.

European Crypto Register Expands with 14 New Licensed Entities

ESMA released its updated interim MiCA register following the approval of 14 new crypto-asset service providers spanning multiple European territories. The register now encompasses 294 authorized organizations permitted to conduct operations under the Markets in Crypto-Assets regulatory framework. This wave of approvals comes after a previous expansion that added 37 licensed entities following the July transition cutoff.

Notable new entrants include Ripple Payments Europe, Bison Bank operating from Portugal, and Croatia’s government-backed Hrvatska poštanska banka. German institutions Volksbank Schwarzwald-Donau-Neckar and Raiffeisenbank Auerbach-Freihung also received authorization. Additionally, Kaiser Partner Privatbank from Liechtenstein gained approval to deliver regulated cryptocurrency services.

These recent authorizations demonstrate that ESMA maintains active application processing following the expiration of the grandfathering window on July 1. The register previously contained approximately 244 authorized entities before the transition deadline arrived. Subsequently, ESMA has greenlit 51 additional companies through consecutive weekly announcements, signaling ongoing regulatory expansion rather than a static market landscape.

Traditional Financial Institutions and Ripple Join MiCA Framework

Ripple Payments Europe obtained its authorization through Luxembourg’s financial regulatory body. This approval enables the organization to operate regulated payment services throughout European Economic Area nations utilizing MiCA’s passporting provisions. Luxembourg remains a preferred jurisdiction for prominent digital asset enterprises seeking regulatory compliance within Europe.

The updated register underscores increasing involvement from conventional banking entities in regulated cryptocurrency operations. Germany contributed additional cooperative banking institutions, while Portugal and Croatia broadened banking sector representation through recently authorized entities. Private banking organizations continue making market entries as regulatory standards solidify across European territories.

Numerous established financial players already hold positions in the ESMA register through prior authorizations. These comprise BBVA, CaixaBank, Commerzbank, CACEIS Bank, and Standard Chartered Luxembourg. Consequently, ESMA oversees an increasingly diverse combination of crypto-specialized companies and traditional financial institutions functioning within a unified regulatory structure.

Stablecoin Registers Remain Unchanged as Service Provider List Expands

ESMA noted no modifications to the registers governing electronic money tokens or asset-referenced tokens in this latest revision. The electronic money token register maintains its listing of 21 approved issuers operating throughout the European market. Meanwhile, the asset-referenced token register remains without any authorized issuers under existing regulations.

The growing register also designates companies legally permitted to deliver crypto services across the European Economic Area. Coinbase, Kraken, Crypto.com, Bitstamp, Bitpanda, Gemini, Bybit, KuCoin, Robinhood Europe and numerous other platforms retain authorization status. Notably absent from the current ESMA register is Binance, which withdrew its Greek licensing submission earlier in the year.

The register additionally documents authorization terminations rather than erasing entities from public documentation. Cyprus-based Stratos Europe displays an authorization expiration date, while Netherlands-based Decubate submitted a voluntary revocation request. ESMA preserves transparent licensing documentation while continuing weekly register updates as national authorities approve further crypto service providers.

 

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