ESMA's MiCA Register Reaches 280 Firms After July 1 Deadline, Standard Chartered and 36 Others Added

According to ESMA, on July 1, 37 crypto-asset service providers were added to the MiCA register, bringing the total number of authorized firms to 280. The latest update marks the first major register change since the EU's transitional period ended, after which firms lost the ability to rely on national transitional rules. New entrants include Standard Chartered, FalconX, Sygnum Europe, and Ronin EM, alongside Crédit Agricole's CACEIS, which was added as an electronic money token issuer following its launch of the euro-backed EURXT stablecoin.

Standard Chartered received MiCA authorization through its Luxembourg entity and obtained an Electronic Money Institution license from the CSSF. The bank's CEO Laurent Marochini stated the licenses "enable us to progressively expand services to clients across Europe." Crypto firms that failed to gain authorization must stop onboarding new EU clients and begin winding down services where required.