ESMA Adds 37 Crypto Firms to MiCA Register, Total Hits 280

Germany's BaFin holds 58 total MiCA authorizations, the most of any EU regulator. France follows with 31, the Netherlands with 26, and Malta and Cyprus each at roughly 20.

The register update included no changes to the list of approved asset-referenced token issuers, which remains empty. The non-compliant entity list is still at 162.

Binance did not make the cut. The exchange pulled its application in Greece about a week ago, on July 1, informing EU users it would suspend certain services while it pursues authorization through another route. "Our ambitions in Europe remain the same, and we are confident we will secure a MiCA license in the coming months," Binance said.

OKX's European CEO Erald Ghoos had predicted that 80% of crypto providers in the EU would not survive MiCA and would be forced to exit the market. Roughly 3,000 crypto providers were previously operating in the EU. As the deadline drew nearer, most of the companies behind schedule began inquiring about the next friendliest jurisdiction, with many actively considering the UAE.

Europe's Markets in Crypto Assets framework was signed into law three years ago. Crypto firms had until July 1, 2026, to obtain full regulatory authorization or cease operating within the EU.

For traders tracking which exchanges and custodians hold valid licenses, the ESMA register remains the definitive source. The next update will show whether the pace of authorizations accelerates as more firms complete their applications or slows as the remaining pool thins.