Germany widens MiCA lead as latest EU register update adds 6 banks

Germany widened its lead in the number of providers licensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA), with six of its cooperative banks added in the latest register update. The European Securities and Markets Authority (ESMA) updated its MiCA register on Friday, bringing the number of authorized crypto asset service providers (CASPs) to 331.

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Germany widens MiCA lead as latest EU register update adds 6 banks

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Key Facts

Fact 1: The European Securities and Markets Authority (ESMA) updated its MiCA register on Friday, bringing the number of authorized crypto asset service providers (CASPs) to 331.
Fact 2: 12, the six additions were all German cooperative banks: Raiffeisenbank Aidlingen, Ihre Volksbank, VR-Bank Mittelfranken Mitte, Volksbank Euskirchen, VR Bank Ried-Überwald and Volksbank Backnang.
Fact 3: Germany now accounts for 79 CASPs, ahead of France with 35 and the Netherlands with 29.
Fact 4: Germany’s total has grown from 57 in late June, when the country already led MiCA authorizations, according to ESMA data previously reviewed by Cointelegraph.

Compared with an update from Aug. 12, the six additions were all German cooperative banks: Raiffeisenbank Aidlingen, Ihre Volksbank, VR-Bank Mittelfranken Mitte, Volksbank Euskirchen, VR Bank Ried-Überwald and Volksbank Backnang. Germany now accounts for 79 CASPs, ahead of France with 35 and the Netherlands with 29.

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Original source: Cointelegraph