ESMA Adds BingX and YouHodler to MiCA Crypto Register
The European Securities and Markets Authority listed nine new crypto service providers under MiCA, bringing the total to 375.
The European Securities and Markets Authority (ESMA) expanded its Markets in Crypto-Assets Regulation (MiCA) register on Friday, adding nine crypto-asset service providers (CASPs) and bringing the total number of unique providers across the European Union to 375.
According to Cointelegraph, the latest update included crypto exchange BingX's Austrian entity, MEGE zweite, alongside the Italian subsidiary of crypto lending platform YouHodler. YouHodler's authorization covers custody, crypto exchanges, order execution, and transfers. Both BingX and YouHodler announced their approvals last week, with BingX EU CEO Daniel Lai stating that the clearance provides a clear regulatory structure as the platform prepares to launch regulated services across the European Economic Area.
Instant Telegram notifications for large on-chain moves.
Traditional Banks and Platform Additions
The register update also incorporated banking institutions and fintech operators. Germany added Openbank Deutschland, an arm of Spanish banking group Banco Santander, as well as cooperative lenders VR-Bank Alb-Blau-Donau and VR Bank im südlichen Franken. In Spain, Prakma Markets—associated with savings and investment app Goin—was also added to the MiCA roster.
Conversely, Denmark's Penning Financial Services was removed from the list after appearing in official records dating back to July 3.
Stablecoin and Non-Compliant Registers
Other regulatory tracking categories saw mixed movements during the update. The e-money token (EMT) register remained unchanged at 50 entries covering 25 unique entities, while the asset-referenced token (ART) register recorded zero entries. Meanwhile, ESMA's register of non-compliant crypto-asset service providers (NCASPs) expanded by five entries to reach 178.
Key facts
- ESMA added nine crypto-asset service providers to the MiCA register, bringing the total to 375.
- BingX's Austrian entity and YouHodler's Italian arm were formally listed.
- Banking entrants include Banco Santander's Openbank Deutschland and two German cooperative lenders.
- The non-compliant crypto service provider register grew by five to 178.
Source: cointelegraph.com
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
