The European Securities and Markets Authority added 12 crypto-asset service providers to its MiCA register in a July 31 update, lifting the reported total to 321. The revision was the fourth published after the European Union’s July 1 transitional deadline, when firms still operating under temporary national arrangements were required to secure authorization or begin winding down unauthorized services.
The additions point to a broader mix of companies entering Europe’s regulated crypto market. Three German cooperative lenders, Volksbank Raiffeisenbank Oberbayern Südost, VR Bank Schleswig-Holstein Mitte and VR-Bank Landau-Mengkofen, appeared in the register. Their inclusion shows that MiCA authorization is extending beyond crypto-native exchanges and into established regional banking networks.
Banks and Payment Firms Broaden the Authorized Market
Spain contributed Basque Pay and Fintech Payments, while the French additions included Finary, Woorton, Blockchain Process Security and Shares Financial Assets. The geographic spread reflects a market developing through national supervisory approvals, rather than through a single authorization process run directly by ESMA. The authority compiles information submitted by national competent authorities and republishes the register at regular intervals.
Entry in the register confirms that an entity has received or notified a MiCA authorization for specified crypto services. It does not mean every listed company offers the same functions or that regulators endorse its commercial products. The practical scope depends on the service codes and countries attached to each authorization, including custody, execution, exchange, transfer or advisory permissions.
Non-Compliant List Expands Alongside Authorizations
The July 31 snapshot left the separate asset-referenced token register empty, while the electronic money token category was reported unchanged at 41. That contrast suggests CASP licensing is progressing faster than authorization in some token-issuer categories, although register totals can change with ESMA’s weekly republications. The regulator’s live MiCA page was subsequently updated again on August 5.
ESMA also added Cervo Rendisco, Flandenzo and Corona Fondenza to its non-compliant entities register, taking that list to 167 entries in the July 31 update. Italy’s Consob had ordered websites associated with all three names to be blocked for offering crypto-asset services without authorization. The expansion shows MiCA implementation operating through both licensing and enforcement, not authorization alone.
The July 1 deadline ended the longest permitted grandfathering period for firms that had operated under national law before MiCA became fully applicable. ESMA has urged users to verify providers through the central register and warned unauthorized firms to wind down while protecting customers. Authorization is now the core gateway for continued cross-border crypto activity in the EU, subject to the permissions granted by each home regulator.
The July 31 expansion therefore matters less as a raw count than as evidence of who is entering the framework. Traditional banks, payment companies and specialist digital-asset firms are increasingly appearing in the same regulatory system, but the durability of that trend will depend on actual service launches, customer demand and effective supervision across member states.
