NewsCryptoBNY Mellon Unit Among 15 New Crypto Providers Added to ESMA’s MiCA Register

BNY Mellon Unit Among 15 New Crypto Providers Added to ESMA’s MiCA Register

Author: Cointelegraph·

Key Takeaways

  • •ESMA’s interim MiCA register now lists 309 licensed crypto-asset service providers after 15 new additions.
  • •The latest entries include BNY Mellon’s Belgian subsidiary, three German banks, and platforms such as BitPay, Coinify and Bleap.
  • •Germany and Denmark each added three providers, the highest number among countries in the latest update.
  • •ESMA reported no changes to other MiCA-related registers, including token issuer and non-compliant entity lists.
  • •Some industry executives have warned that the cost of maintaining a MiCA license could be challenging for smaller firms.
BNY Mellon Unit Among 15 New Crypto Providers Added to ESMA’s MiCA Register

European authorities have added 15 crypto companies, including a BNY Mellon unit, to the Markets in Crypto-Assets (MiCA) framework register in the third update of regulated providers since the July 1 transitional deadline.

Following the European Securities and Markets Authority’s (ESMA) update on Friday, the interim MiCA register lists 309 licensed crypto-asset service providers (CASPs).

The newest entries include four banking institutions: BNY SA/NV, the Belgian subsidiary of US banking giant BNY Mellon, and three German banks. Digital asset platforms such as BitPay, Coinify and Bleap were also included in the latest additions.

The update comes as regulators continue to expand implementation of MiCA, the European Union’s first unified regulatory framework for crypto service providers. The framework is intended to bring broader oversight to the sector across EU markets, replacing a more fragmented national approach with common rules for licensed providers.

Germany and Denmark lead the latest additions

Germany and Denmark recorded the largest number of new CASP entries in the latest update, with three providers 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 were cooperative financial societies Spar-und Kreditbank Rheinstetten and VR-Bank Augsburg-Ostallgäu, as well as Raiffeisenbank Falkenstein-Wörth.

The 15 new CASPs were listed in ESMA’s MiCA register update on Thursday, according to ESMA.

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 continues expanding after July deadline

The latest update follows earlier ESMA additions after the July 1 deadline. In the regulator’s second post-deadline update, 14 CASPs were added, including major industry companies such as Ripple Payments Europe.

Although the CASP roster expanded, ESMA reported no changes in the latest update to other MiCA-related registers. These include authorized issuers of asset-referenced tokens (ARTs), e-money tokens (EMTs), and crypto assets, as well as non-compliant entities.

The continued updates indicate that MiCA implementation remains an ongoing process, with regulators still adding authorized providers as companies complete licensing procedures across European markets. The register is also a practical reference point for market participants tracking which firms have been recorded under the new regime and where their authorizations are based.

At the same time, some industry executives have warned that the cost of maintaining a MiCA license could pressure smaller firms. Gate Europe CEO Giovanni Cunti has said some licensed companies may struggle over the long term to sustain the compliance resources required.