MiCA Register Reaches 321 Providers as New Tracker Brings EU Crypto Licences Into Focus

Share
A person holding money in front of a computer screen

The European Securities and Markets Authority has expanded its MiCA register with 12 additional crypto-asset service providers, bringing the total to 321. A new searchable tracker now makes the public data easier to review, giving users and compliance teams a clearer way to check licensing status and approved services across the European Union.

Key Takeaways

The latest developments highlight a broader shift toward verifiable authorisation and operational accountability:

  • ESMA added 12 CASPs in its July 31 update, taking the register to 321 providers.
  • The additions include banks, payment firms and crypto-focused businesses in Germany, Spain and France.
  • The non-compliant entities register grew by three entries to 167.
  • The MiCA Crypto Alliance launched a searchable directory based on ESMA’s public data.
  • ESMA’s register remains the authoritative source for licensing checks.

MiCA Register Broadens Its Coverage

The July 31 update added three German cooperative banks, two Spanish companies and four French firms. The new entries show how MiCA authorisation is extending beyond specialist crypto companies to include established financial and payment institutions.

The update also added Cervo Rendisco, Flandenzo and Corona Fondenza to the non-compliant entities register following action by Italy’s securities regulator, CONSOB. That register now contains 167 entries. Separately, 41 authorised e-money token issuers remain listed, while no asset-referenced token issuers appear in the register.

Searchable Data Improves Licence Checks

The MiCA Crypto Alliance’s tracker converts ESMA’s downloadable register into a searchable directory. Users can filter providers by company, country, national regulator, authorisation date and approved service category.

Profiles may include a firm’s legal entity identifier, home jurisdiction and permitted activities. These details matter because a licence for custody does not automatically authorise exchange operations, order execution or portfolio management.

MiCA covers 10 regulated service categories, including custody, trading platform operation, crypto-to-fiat exchange, crypto-to-crypto exchange, order execution, token placement, order transmission, advice, portfolio management and asset transfers. Crypto lending and borrowing are not included in that service list. Activities involving financial instruments may instead fall under other European rules such as MiFID.

Why Verification Matters After The Transition Deadline

MiCA’s main transition deadline passed on July 1. ESMA instructed unauthorised providers to stop onboarding new EU clients, opening accounts and marketing covered services. Firms winding down may generally take only the steps needed to transfer assets or close customer positions.

Using an unauthorised provider means customers may not receive MiCA protections, including safeguards related to client assets. Users should therefore confirm both that a firm is listed and that the specific service they intend to use is authorised.

ESMA Remains The Final Reference Point

The tracker is an independent research tool rather than a regulatory database. It republishes publicly available information and is designed to make comparisons simpler, but ESMA’s register remains the definitive record. ESMA updates its interim register weekly based on information from national regulators.

Users should also review authorisation dates, status changes and approved services. A register can retain withdrawn authorisations while recording their effective end dates, so a company’s name alone should not be treated as blanket approval.

For exchanges and service providers, the development reinforces a durable industry principle: transparency, compliance and strong infrastructure are becoming central measures of trust. Bitval’s focus on audited infrastructure, clear fees and responsible risk management reflects that longer-term direction. For educational market access, visit Bitval.com and trade with a measured approach. This article is for information only and is not financial advice.