CoinTelegraph

Stripe's Bridge Joins EU MiCA Register After Luxembourg Approval

August 7, 202606:14 AM
Stripe's Bridge Joins EU MiCA Register After Luxembourg Approval

Stripe, the digital payments giant, has solidified its position in the European crypto market as its subsidiary Bridge joins the EU MiCA register following Luxembourg regulatory approval. This milestone marks a significant development in stablecoin infrastructure and establishes Stripe as a regulated player within the European Union's rapidly expanding digital assets ecosystem.

Bridge's inclusion in the MiCA register brings the total number of authorized Electronic Money Token (EMT) issuers in the EU to 42, according to the latest ESMA update. With its Crypto-Asset Service Provider (CASP) authorization under MiCA and Electronic Money Institution (EMI) license from Luxembourg's financial regulator, Bridge now enables European businesses to build stablecoin and payment products within a regulated framework, accelerating institutional crypto adoption across the bloc.

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

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