Odaily Planet Daily reports: Patrick Hansen, Senior Director of EU Strategy and Policy at Circle, cited provisional MiCA registration data from the European Securities and Markets Authority (ESMA) to release statistics on compliant institutions one week after the full implementation of the regulation. Currently, there are 21 authorized Electronic Money Token (EMT) issuers across 12 EU member states, collectively issuing 35 EMTs denominated in eight different currencies; France continues to lead with six licensed issuers. Meanwhile, the number of approved Asset-Referenced Token (ART) issuers remains at zero, while the total number of registered Crypto-Asset Service Providers (CASP) under the MiCA framework has surpassed 270.
One Week into the EU MiCA Regulation: 21 EMT Issuers and Over 270 Crypto Service Providers Are Compliant
KuCoinFlashShare
Summary
MiCA (EU Markets in Crypto-Assets Regulation) is one week into full implementation, with 21 licensed EMT issuers across 12 EU countries reporting compliance. These issuers have launched 35 EMTs covering eight fiat currencies. France leads with six licensed issuers. No ART issuers have been approved yet. Over 270 crypto-asset service providers (CASP) are now registered under MiCA. Market observers are monitoring how the regulation affects liquidity and crypto markets across the bloc.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.