coin-img-BTCBTC+0.61%coin-img-ETHETH+0.82%coin-img-SOLSOL+1.15%coin-img-XRPXRP-1.89%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+0.83%coin-img-TRXTRX+1.27%coin-img-DOGEDOGE-1.46%coin-img-BTCBTC+0.61%coin-img-ETHETH+0.82%coin-img-SOLSOL+1.15%coin-img-XRPXRP-1.89%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+0.83%coin-img-TRXTRX+1.27%coin-img-DOGEDOGE-1.46%coin-img-BTCBTC+0.61%coin-img-ETHETH+0.82%coin-img-SOLSOL+1.15%coin-img-XRPXRP-1.89%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+0.83%coin-img-TRXTRX+1.27%coin-img-DOGEDOGE-1.46%coin-img-BTCBTC+0.61%coin-img-ETHETH+0.82%coin-img-SOLSOL+1.15%coin-img-XRPXRP-1.89%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+0.83%coin-img-TRXTRX+1.27%coin-img-DOGEDOGE-1.46%

MiCA Fully Takes Effect in the EU: 21 Stablecoin Issuers and More Than 270 Crypto Service Providers Now Compliant

AI Market Summary
ESMA provisional data indicate MiCA is now fully in force, with 21 authorized EMT (stablecoin) issuers across 12 EU states and over 270 registered CASPs, while ART issuer approvals remain at zero. The figures signal accelerating regulatory normalization for euro-area crypto services and stablecoins, potentially improving institutional comfort and venue access, but also reinforcing compliance costs and gating for issuers seeking authorization.
Impact level
● Medium
Affected assets
BTC/USDT+0.63%
AI Insight · BTC/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Circle's Senior Director for EU Strategy and Policy, Patrick Hansen, cited preliminary MiCA registration figures published by the European Securities and Markets Authority (ESMA) and shared an update one week after the regulation entered into full force. The data show 21 authorized Electronic Money Token (EMT) issuers across 12 EU member states, collectively issuing 35 EMTs pegged to eight fiat currencies. France remains the largest hub, with six licensed issuers. No Asset-Referenced Token (ART) issuers have been approved so far. Under the MiCA framework, the number of registered Crypto-Asset Service Providers (CASPs) has climbed above 270.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.