
Patrick Hansen|Sep 04, 2025 13:50
๐ช๐บ ๐๐ก๐จ๐ซ๐ญ ๐๐จ๐ฌ๐ญ-๐๐ฎ๐ฆ๐ฆ๐๐ซ ๐๐ข๐๐ ๐๐ญ๐๐ญ๐ฎ๐ฌ ๐๐ฉ๐๐๐ญ๐: ๐
๐ฎ๐ฅ๐ฅ ๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐ฎ๐ญ๐ก๐จ๐ซ๐ข๐ณ๐๐ ๐๐ญ๐๐๐ฅ๐๐๐จ๐ข๐ง ๐๐ฌ๐ฌ๐ฎ๐๐ซ๐ฌ & ๐๐ซ๐ฒ๐ฉ๐ญ๐จ-๐๐ฌ๐ฌ๐๐ญ ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ๐ฌ
8 months into MiCAโs application, hereโs the latest snapshot:
๐ 15 ๐๐ฎ๐ญ๐ก๐จ๐ซ๐ข๐ณ๐๐ ๐ฌ๐ญ๐๐๐ฅ๐๐๐จ๐ข๐ง (๐-๐ฆ๐จ๐ง๐๐ฒ ๐ญ๐จ๐ค๐๐ง) ๐ข๐ฌ๐ฌ๐ฎ๐๐ซ๐ฌ
โ From 8 EU countries: ๐ซ๐ท (3), ๐ฉ๐ช (1), ๐ฒ๐น (3), ๐ณ๐ฑ (2), ๐จ๐ฟ (1), ๐ซ๐ฎ (1), ๐ฑ๐น (2), ๐ฑ๐บ (1)
โ Issuing 25 EMTs (single fiat-backed stablecoins):
โข 15 euro-denominated
โข 8 dollar-denominated
โข 1 Czech koruna-denominated
โข 1 British pound-denominated
๐ 54 ๐๐ข๐๐-๐ฅ๐ข๐๐๐ง๐ฌ๐๐ ๐๐๐๐๐ฌ
โ From 11 EU/EEA countries:
๐ฉ๐ช (17)
๐ณ๐ฑ (14)
๐ซ๐ท (6)
๐ฒ๐น (5)
๐ฑ๐บ (3)
๐ช๐ธ (3)
๐ฆ๐น (2)
๐จ๐พ (1)
๐ฎ๐ช (1)
๐ฑ๐น (1)
๐ซ๐ฎ (1)
๐๐ฑ๐๐ฆ๐ฉ๐ฅ๐๐ฌ of licensed CASPs:
๐๐ซ๐๐๐
๐ข: BBVA, Clearstream, CACEIS, Santander
๐
๐ข๐ง๐ญ๐๐๐ก: N26, Trade Republic, eToro, Robinhood
๐๐ซ๐ฒ๐ฉ๐ญ๐จ-๐ง๐๐ญ๐ข๐ฏ๐: Coinbase, Bitvavo, OKX, Bitstamp, Kraken, Bitpanda
๐๐ญ๐ก๐๐ซ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐๐ญ๐ฌ
๐ still 0 ART issuers (asset-referenced tokens)
๐ white paper notifications are exploding - > 300 white papers notified under MiCA Title II already
๐ MiCA transition periods have ended in ๐ณ๐ฑ๐ญ๐บ๐ฑ๐ป๐ธ๐ฎ๐ซ๐ฎ
๐ MiCA transition period will end in 4 months in ๐ต๐ฑ๐ฎ๐ช ๐ฌ๐ท๐ช๐ธ๐ฑ๐น๐ธ๐ฐ๐ฑ๐ฎ๐ณ๐ด
๐ 50+ non-compliant CASPs flagged, mainly by Italian CONSOB
MiCA is now in full swing โ and the European licensing race for crypto is accelerating fast. This snapshot is based on the official ESMA interim register, but the landscape is evolving quickly โ so take it with a grain of salt.(Patrick Hansen)
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