The EU has granted MiCA licenses to 53 cryptocurrency companies, including 14 stablecoin issuers and 39 cryptocurrency asset service providers.
The MiCA regulation is implemented for 6 months for cryptocurrency asset service providers (CASP) and 12 months for stablecoins, with new developments in July: 14 institutions from 7 EU countries have been authorized to issue stablecoins, with 3 from France and 1 or 3 from Germany and other countries. They collectively issue 20 types of electronic currency tokens or single fiat currency stablecoins, with 12 priced in euros, 7 in dollars, and 1 in Czech koruna. 39 CASPs have received MiCA licensing, distributed across 9 EU/EEA countries, covering traditional finance (such as BBVA, Clearstream, CACEIS), fintech (such as N26, Trade Republic, eToro, Robinhood), and native crypto companies (such as Coinbase, Kraken, Bitpanda, OKX, Bitstamp). Currently, there are no issuers of Asset Reference Tokens (ART), and the market lacks relevant demand. About 30 cryptocurrency white papers have been notified, with multiple countries' transition periods ending, and the Dutch Authority for the Financial Markets leading in issuing licenses, but over 35 companies have been listed as non-compliant CASPs by Italian regulators. #TruthSocial加密蓝筹ETF $BTC