BNY Mellon Unit Enters MiCA Register as ESMA Lists 15 New CASPs

European regulators have extended the scope of their Markets in Crypto-Assets (MiCA) oversight by adding 15 new crypto-asset service providers to ESMA’s interim MiCA register, bringing the total number of licensed providers to 309. The update was published on Friday and follows the EU’s July 1 transitional deadline for firms operating under the new framework.

According to ESMA’s latest register update, the new additions include providers across banking and digital-asset infrastructure, signaling continued momentum as companies complete licensing steps under Europe’s unified crypto rules.

Key takeaways

• ESMA’s interim MiCA register now lists 309 licensed crypto-asset service providers (CASPs) after 15 new additions were published.
• BNY SA/NV—part of BNY Mellon’s banking group—is among the newly registered firms.
• Germany and Denmark led the latest wave, with three new CASPs added in each country.
• ESMA reported no changes in this update to other MiCA-related registers covering issuers and non-compliant entities.
• Industry observers continue to debate the long-term burden of MiCA compliance for smaller firms.

New CASPs join ESMA’s interim MiCA register

The European Securities and Markets Authority (ESMA) updated its MiCA register on Friday as part of an ongoing effort to map which crypto firms have met regulatory requirements. ESMA’s page on the MiCA framework shows that, in this third post-deadline update, the number of listed CASPs rose to 309.

The latest additions include four banking institutions. One is BNY SA/NV, the Belgian subsidiary of the US banking group BNY Mellon. The other newly listed banks are three German institutions, reflecting how traditional financial firms are progressively positioning themselves within MiCA’s permitted activities.

Beyond banking, ESMA’s list also includes digital-asset platforms such as BitPay and other providers including Coinify and Bleap, demonstrating that payment and infrastructure-focused companies continue to work through the licensing process.

Geography shows where licensing is moving fastest

ESMA’s update highlights uneven geographic progress across the bloc. Germany and Denmark recorded the largest number of new CASPs in this round, with three providers added in each country.

Bulgaria and Latvia followed with two additions each, while Belgium, Cyprus, Liechtenstein, and the Netherlands each added one provider.

Among the German additions, ESMA listed cooperative financial societies including Spar-und Kreditbank Rheinstetten and VR-Bank Augsburg-Ostallgäu, along with Raiffeisenbank Falkenstein-Wörth.

Other newly listed providers named in the update include Altcoins BG and Digital Assist in Bulgaria; SafeLynx Technologies and Januar in Denmark; and Bleap and Nodu Digital in Latvia.

Regulators keep expanding after the July 1 deadline

The Friday update is part of ESMA’s broader post-deadline process to ensure MiCA licensing becomes operational across the EU. ESMA previously published register additions after July 1—including a second post-deadline update that added 14 CASPs. Earlier coverage noted that this second update included well-known industry players such as Ripple Payments Europe.

Importantly, ESMA’s latest publication did not signal changes to other MiCA-related registers in this specific update. ESMA reported no changes to lists covering authorized issuers of asset-referenced tokens (ARTs), e-money tokens (EMTs), and other crypto assets, nor to registers of entities categorized as non-compliant.

That split—adding more CASPs while leaving other register categories unchanged—suggests that licensing progress is not uniform across the MiCA value chain. Some types of MiCA permissions may require longer review cycles or depend on different documentation and compliance steps than service-provider authorizations.

Why the register updates matter for firms and users

For market participants, ESMA’s evolving interim register functions as a practical checkpoint. It provides a clearer view of which providers have successfully moved into MiCA-regulated status, which can influence partnerships, custody and onboarding decisions, and compliance processes for businesses choosing counterparties.

While the register continues to expand, ESMA’s work also underscores that MiCA implementation is a moving target. The framework introduced Europe’s first unified regulatory regime for crypto-asset services, but the path from “operating” to “authorized under MiCA” remains procedural—requiring firms to complete licensing steps across jurisdictions and within ESMA’s register process.

At the same time, concerns about the cost of compliance have persisted. In earlier reporting, Gate Europe CEO Giovanni Cunti warned that some licensed firms may struggle to sustain the compliance resources required over the long term, particularly smaller operators that may find the ongoing burden harder to absorb.

That tension—more providers entering the register, but questions around affordability and scalability—could shape how the MiCA market develops. Investors and counterparties may need to weigh not only whether a firm is licensed, but also whether it can maintain the operational capacity to comply consistently as the framework matures.

What to watch next

With ESMA continuing to publish successive register updates, the next question for EU observers is whether upcoming additions accelerate across other MiCA categories—such as token issuers—rather than concentrating solely on CASPs. Market participants should also monitor whether compliance pressures intensify for smaller firms as the licensing pipeline progresses beyond the initial post-deadline wave.