Here is the full list

Here is the full list


The European Union has given a total of 53 licenses as part of its mica regulatory framework (Markets in Crypto-Assets) and thus took an important step towards a harmonized crypto supervision in the entire region.

In addition belong 14 approved e-money token emitters (EMT) and 39 approved crypto-asset service provider (CASP) approved by Mica.

The 14 EMT emitters come from seven EU member states and together spend 20 fiat-based stable coins: 12 are linked to the euro, 7 to the US dollar and 1 to the Czech crown. The leading names include Circle, Société Générale – Forge, Membrane Finance and Crypto.com. These permits aim to standardize the stablecoin compliance under Mica and to strengthen consumers' trust in digital euro and dollar equivalents.

In the meantime, 39 CASPs have secured a complete mica license that allows them to work in the entire European Economic Area (EEA). Countries like Germany (12 companies), the Netherlands (11) and Malta (5) dominate the approvals. The list includes a mixture of traditional financial institutions (e.g. BBVA, Clearstream), FinTech platforms (Etoro, N26) and large crypto bonds (coin base, octopus, bitstamp, OKX).

Mica dynamics in the middle of surveillance gaps and compliance print

Despite progress, the introduction of Mica has also revealed blind spots in regulation. No issuers of asset referenced token (ART) were approved, which indicates a mild market interest in non-Fiat-Backed Assets. About 30 WhitePapers were submitted under Mica Title II for important assets such as BTC and ETH, which reflects the increasing focus of the institutions on crypto regulation.

At the same time, more than 35 companies are classified as not compliant – many of them from the Italian consob. The transition periods have expired in several countries, including Finland, Poland and the Netherlands, where the Dutch AFM leads the license allocation. While the enforcement of the mica is in progress, the companies run to maintain approval and to port their services in 30 EEA countries.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.


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Jayd Johnson

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