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Institutional Shift: BNY Mellon Unit Joins MiCA Register as ESMA Expands Crypto Oversight

July 27, 202607:38 AM
Institutional Shift: BNY Mellon Unit Joins MiCA Register as ESMA Expands Crypto Oversight

The European Securities and Markets Authority (ESMA) has officially expanded its MiCA register, adding 15 new providers including a key subsidiary of banking giant BNY Mellon. This update marks a critical milestone in the institutional adoption of digital assets under the Markets in Crypto-Assets framework.

As the interim MiCA register grows to 309 licensed crypto-asset service providers (CASPs), the inclusion of major banking institutions alongside platforms like BitPay and Coinify underscores a tightening regulatory environment. This expansion ensures that both traditional finance and digital asset platforms operate under a unified, high-standard compliance structure in Europe.

BNY Mellon’s European subsidiary has officially joined the MiCA register following the latest update from ESMA, which added 15 new crypto-asset service providers (CASPs). This third post-deadline update includes a diverse mix of traditional banking institutions and specialized digital asset platforms.

Following Friday's update from the European Securities and Markets Authority (ESMA), the interim MiCA register now boasts 309 licensed providers. Notable entries in this latest round include BNY SA/NV—the Belgian subsidiary of the US-based BNY Mellon—and three German banks, as well as prominent digital asset players such as BitPay, Coinify, and Bleap.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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