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Stripe's Bridge Secures MiCA and EMI Authorizations Across EU
Bridge, Stripe's stablecoin platform, now holds MiCA and EMI licenses in Luxembourg, opening EU-wide stablecoin issuance and custody services.
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Bridge, the stablecoin infrastructure platform owned by Stripe, has obtained a Crypto-Asset Service Provider authorization under the EU's Markets in Crypto-Assets regulation and an Electronic Money Institution license from Luxembourg. The company announced the approvals Thursday.
The CASP authorization allows Bridge to offer crypto-asset services across EU member states under MiCA's passporting regime. The EMI license lets it issue electronic money, a key capability for stablecoin platforms that need to manage fiat reserves and facilitate redemptions. Together, the two licenses cover the regulatory requirements for operating a stablecoin issuance and custody business in the bloc.
MiCA came into full effect in December 2024 for stablecoin issuers and will apply to all crypto-asset service providers by July 2025. Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier, granted both authorizations. Bridge said the approvals position it to serve clients across the European Economic Area without needing separate licenses in each country.