According to Cointelegraph, Bridge Building, the Luxembourg entity of Stripe’s Bridge, has joined the EU’s MiCA registry. Mai Leduc Blount, Product Lead at Bridge, stated that the approval enables EU-based companies to build stablecoins and payment products within a compliant framework. Data from the European Securities and Markets Authority (ESMA) shows that with Bridge’s addition, the total number of authorized Electronic Money Token (EMT) issuers in the EU has risen to 42. Meanwhile, three German institutions received CASP authorization during the same period, bringing the total number of authorized CASPs in the EU to 324.
Bridge Completes EU MiCA Registration, EMT Issuers Reach 42
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Summary
Bridge, a subsidiary of Stripe, has completed its EU MiCA registration through its Luxembourg entity, Bridge Building. This enables EU firms to issue stablecoins and payment products in compliance with regulations. Currently, 42 issuers of electronic money tokens (EMTs) are authorized in the EU. Three German institutions recently obtained CASP authorization, bringing the total to 324. New token listings continue to increase as more firms meet MiCA requirements, highlighting growing regulatory clarity in the region.
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