Europe’s financial watchdog, the European Securities and Markets Authority (ESMA), has temporarily listed 15 companies that offer services related to cryptocurrencies on its official registry.
Summary
- ESMA added 15 authorised CASPs, lifting the register to 309 distinct providers across European markets.
- BNY’s Belgian subsidiary gained approval for crypto custody and transfer services under the MiCA framework.
- Germany contributed four new entries, while Denmark added three as post-deadline licensing activity continued steadily.
With these new additions, the total number of approved service providers now reaches 309, according to the most recent list updated on July 23rd and released by ESMA via their MiCA webpage on July 24th.
BNY SA/NV, the Belgian branch of the American financial company BNY, has been approved by the National Bank of Belgium to hold and transfer crypto assets, starting July 20th.
BNY joins banks and payment firms on the register
BNY SA/NV has officially registered under Europe’s new MiCA regulations, signaling a growing trend of traditional banks entering the digital asset space. BNY is a large global financial services company with $62.6 trillion in assets it manages or holds for clients as of June 30th. Its existing Belgian branch is already a significant player in European custody services.
Three new cooperative banks from Germany joined the list: Raiffeisenbank Falkenstein-Wörth, Spar- und Kreditbank Rheinstetten, and VR-Bank Augsburg-Ostallgäu. Additionally, a company called JT Technologies was added from Germany, bringing the total number of German additions to four.
The registry also included BitPay B.V., based in the Netherlands, and Coinify ApS, from Denmark, both of which offer digital payment solutions. In addition to Coinify, Denmark saw SafeLynx Technologies and Januar join the list; Januar specifically provides payment and banking services for companies working with digital assets.
ESMA adds providers from eight European jurisdictions
A total of fifteen new providers were added, originating from eight different countries. Germany contributed the most, with four additions, while Denmark added three. Bulgaria and Latvia each added two, and Belgium, Cyprus, Liechtenstein, and the Netherlands each added one.
Bulgaria was represented by Altcoins BG and Digital Assist, while Latvia added Bleap and Nodu Digital to the list of registered firms. Damoon Technology Europe (based in Liechtenstein) and SG Digital Assets (from Cyprus) also joined the registry. The European Securities and Markets Authority’s (ESMA) register details each company alongside its national regulator, approval date, and the services it is authorized to provide.
The CSV file includes 312 entries, but several companies are listed multiple times. When NorthPoint compared the data, they found 309 unique combinations of company and regulator. This difference explains why some tracking tools might report a higher number – they’re counting each authorization record instead of individual companies.
MiCA register expands after July transition deadline
Following the July 1st conclusion of the EU’s MiCA transition period, companies offering related services need to obtain a CASP authorization. Those previously operating under national registrations must either get this authorization or cease those activities. The European Securities and Markets Authority (ESMA) maintains a register of authorized firms, with data provided by national regulators and updated weekly.
Once a crypto-asset firm receives approval from one European national authority under MiCA, it can offer its services across borders through a process called ‘passporting’. However, this approval only applies to the specific services the firm has been authorized for. For example, BNY has been approved to provide custody, administration, and transfer services for crypto-assets on behalf of its clients, but its approval doesn’t currently cover exchange or trading platform services.
As crypto.news reported before, the European Securities and Markets Authority (ESMA) recently added 14 companies to its list of registered crypto asset service providers, bringing the total to 294. This list now includes Ripple Payments Europe, Bison Bank in Portugal, and Hrvatska poštanska banka from Croatia. Ripple stated that its approval in Luxembourg allows it to offer regulated payment services throughout Europe.
Reports indicated that the July deadline for MiCA regulations impacted firms that hadn’t secured the necessary licenses. Several providers limited new account creation or modified their services within Europe. Meanwhile, companies with licenses started attracting customers who were switching to these regulated platforms.
Compliance costs remain a concern for licensed firms
The increasing number of CASP applications indicates that national authorities are still working on submissions even after the deadline. However, it doesn’t tell us how soon providers will actually begin offering services, or if all approved businesses can afford to maintain compliance over time.
Giovanni Cunti, head of Gate Europe, recently cautioned that some companies with licenses might struggle to cover the long-term costs and effort required to comply with regulations. He explained that the new rules are shrinking the regulated market, and ongoing expenses related to staff, reporting, security, and capital could continue to be a challenge for some businesses.
The ESMA register simply shows which companies are authorized to operate, it doesn’t indicate how financially stable they are or how good their services are. Also, information on the register might not be updated instantly, as ESMA receives data from national authorities first.
The inclusion of BNY Mellon and three German banks brings more established financial institutions into the MiCA framework. This new group also features payment companies, infrastructure providers, and smaller cryptocurrency firms. We’ll track whether the number of authorized providers keeps growing in future weekly reports, now that the July 1st deadline has passed.
2026-07-27 13:58