EU Grants MiCA Licenses to 53 Crypto Firms: Circle, Crypto.com, and Coinbase Among the First
The post EU Grants MiCA Licenses to 53 Crypto Firms: Circle, Crypto.com, and Coinbase Among the First appeared on BitcoinEthereumNews.com. TLDR: EU licenses 53 crypto firms under MiCA, including 14 stablecoin issuers and 39 CASPs. Circle gains approval for euro stablecoins, while Crypto.com readies EU-wide services. Netherlands leads in CASP licenses, followed by Spain, France, and Germany. No asset-referenced tokens approved yet; next MiCA update expected in September. The European Union has formally licensed 53 crypto-related entities under its Markets in Crypto-Assets (MiCA) framework. The licenses include 14 stablecoin issuers and 39 crypto asset service providers, reflecting growing regulatory clarity in the region. Major companies such as Circle and Crypto.com have already received approvals, showing the industry’s push toward compliance. These developments follow six months of MiCA implementation for service providers and a full year for stablecoin issuers. As more firms align with MiCA standards, cross-border services across the European Economic Area may accelerate. Circle, Crypto.com Among Early MiCA Licensees New data from the European Securities and Markets Authority (ESMA), shared by Circle’s EU strategy executive Patrick Hansen, revealed the list of approved firms. According to Hansen, 14 stablecoin issuers now operate legally in seven EU countries. These issuers manage a total of 20 e-money tokens, including euro, dollar, and Czech koruna-denominated stablecoins. Among them, Circle stands out as one of the largest stablecoin operators with approval for euro-backed tokens. Crypto.com, another major recipient, is set to offer services across the bloc. Hansen noted that this milestone indicates real momentum behind MiCA’s adoption.
The post EU Grants MiCA Licenses to 53 Crypto Firms: Circle, Crypto.com, and Coinbase Among the First appeared on BitcoinEthereumNews.com.
TLDR: EU licenses 53 crypto firms under MiCA, including 14 stablecoin issuers and 39 CASPs. Circle gains approval for euro stablecoins, while Crypto.com readies EU-wide services. Netherlands leads in CASP licenses, followed by Spain, France, and Germany. No asset-referenced tokens approved yet; next MiCA update expected in September. The European Union has formally licensed 53 crypto-related entities under its Markets in Crypto-Assets (MiCA) framework. The licenses include 14 stablecoin issuers and 39 crypto asset service providers, reflecting growing regulatory clarity in the region. Major companies such as Circle and Crypto.com have already received approvals, showing the industry’s push toward compliance. These developments follow six months of MiCA implementation for service providers and a full year for stablecoin issuers. As more firms align with MiCA standards, cross-border services across the European Economic Area may accelerate. Circle, Crypto.com Among Early MiCA Licensees New data from the European Securities and Markets Authority (ESMA), shared by Circle’s EU strategy executive Patrick Hansen, revealed the list of approved firms. According to Hansen, 14 stablecoin issuers now operate legally in seven EU countries. These issuers manage a total of 20 e-money tokens, including euro, dollar, and Czech koruna-denominated stablecoins. Among them, Circle stands out as one of the largest stablecoin operators with approval for euro-backed tokens. Crypto.com, another major recipient, is set to offer services across the bloc. Hansen noted that this milestone indicates real momentum behind MiCA’s adoption.
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