BNY Mellon European Subsidiary Included in MiCA Registration, ESMA Adds 15 Crypto-Asset Service Providers

TechFlow news, July 27, according to Cointelegraph, the European Securities and Markets Authority (ESMA) updated the registration list for the third time after the MiCA transition period deadline, adding 15 crypto-asset service providers, bringing the total number of licensed institutions to 309. The newly added institutions include BNY Mellon's European subsidiary BNY SA/NV, 3 German banks, and digital asset platforms such as BitPay, Coinify, and Bleap. Germany and Denmark each added 3 institutions, while Bulgaria and Latvia each added 2. This move indicates that the EU MiCA framework continues to advance steadily, but the industry also points out that the compliance costs of continuously maintaining MiCA licenses may pose pressure on small institutions.