BNY Mellon Unit Among 15 Crypto Firms Added to EU MiCA Register

European authorities added 15 crypto companies including a BNY Mellon unit to the Markets in Crypto-Assets (MiCA) framework register in the third update since the July 1 transitional deadline. The European Securities and Markets Authority (ESMA) published the update on Friday, bringing the interim MiCA register to 309 licensed crypto-asset service providers (CASPs). The additions include four banking institutions — BNY SA/NV (the Belgian subsidiary of US banking giant BNY Mellon) and three German banks — alongside digital asset platforms such as BitPay, Coinify and Bleap. The update reflects regulators' ongoing efforts to build out the MiCA framework, which introduced the European Union's first unified rules for crypto service providers.

Germany and Denmark Lead Latest CASP Additions

Germany and Denmark accounted for the largest number of the latest additions, with three new CASPs registered in each country. Bulgaria and Latvia followed with two additions each, while Belgium, Cyprus, Liechtenstein and the Netherlands each added one provider.

The German additions included cooperative financial societies Spar-und Kreditbank Rheinstetten and VR-Bank Augsburg-Ostallgäu, along with Raiffeisenbank Falkenstein-Wörth. Other newly listed providers include Bulgaria's Altcoins BG and Digital Assist; Denmark's SafeLynx Technologies and Januar, a digital asset infrastructure company; and Latvia-registered providers Bleap and Nodu Digital.

MiCA Register Expansion Continues After July 1 Deadline

The latest update follows ESMA's previous register additions after the July 1 deadline, including 14 CASPs added in the regulator's second post-deadline update, which included major industry companies such as Ripple Payments Europe.

ESMA reported no changes to other MiCA-related registers in the latest update, including authorized issuers of asset-referenced tokens (ARTs), e-money tokens (EMTs), and crypto assets, as well as non-compliant entities. The continued updates show that MiCA implementation remains an evolving process, with regulators still adding authorized providers as companies complete licensing procedures across European markets.

Some industry executives warn that the cost of maintaining a MiCA license could push smaller firms out of the market. Gate Europe CEO Giovanni Cunti said some licensed companies may struggle to sustain the compliance resources required over the long term.

FAQ

How many crypto firms are now registered under EU MiCA framework?

ESMA's interim MiCA register shows 309 licensed crypto-asset service providers (CASPs) following the third update since the July 1 transitional deadline.

Which countries added the most providers in the latest MiCA update?

Germany and Denmark accounted for the largest number of additions, with three new CASPs registered in each country, followed by Bulgaria and Latvia with two additions each.