
The European Securities and Markets Authority (ESMA) has expanded its MiCA register by authorizing 14 additional crypto-asset service providers, bringing the total number of approved entities to 294. This regulatory milestone follows the conclusion of the MiCA transition phase on July 1, demonstrating that ESMA continues to process applications actively. Notable new entrants include Ripple Payments Europe, which secured authorization via Luxembourg, alongside various traditional banking institutions from Germany, Portugal, and Croatia. The inclusion of established private banks like Kaiser Partner Privatbank highlights the growing integration of conventional finance into the regulated digital asset ecosystem. By utilizing MiCA’s passporting provisions, these firms can now offer services across the European Economic Area under a unified legal framework. This expansion is significant for the RWA market as it provides the necessary regulatory clarity for institutional players to tokenize and trade assets within a secure, compliant environment. The consistent growth of the register signals a maturing market landscape where traditional financial infrastructure and crypto-native services increasingly converge.
The Markets in Crypto-Assets (MiCA) regulation is the European Union's comprehensive legal framework designed to regulate crypto-asset service providers and issuers. It establishes uniform rules across all EU member states, providing a 'passporting' mechanism that allows licensed firms to operate seamlessly across the entire European Economic Area. The framework aims to enhance investor protection, market integrity, and financial stability by setting strict requirements for transparency, disclosure, and authorization.