BTC $82,482 
ETH $2,421 
USDT $0.9993 
BNB $728.65 
XRP $1.31 
USDC $0.9999 
SOL $105.20 
TRX $0.3319 
FIGR_HELOC $1.02 
ZEC $1,144 BingX and YouHodler join ESMA MiCA register as total reaches 375
Nine crypto-asset service providers were added to the EU register and one Danish firm dropped off, ESMA's latest update shows.
Key takeaways
- Nine firms were added. The update added nine providers and removed one, taking the total to 375 from 367.
- BingX has four services. BingX's Austrian entity is authorized for four services, dated October 13 in regulatory records.
- Non-compliant list grew. The register of non-compliant providers rose by five entries to 178.
What happened
The European Securities and Markets Authority added nine crypto-asset service providers to its MiCA register, taking the total to 375 unique providers. The previous snapshot recorded 367.
BingX joined through its Austrian entity, MEGE zweite. Regulatory records date the authorization to October 13, and BingX EU announced the license on October 14. The approval covers custody and administration, exchanges between crypto-assets and funds, exchanges between different crypto-assets, and transfer services.
YouHodler's Italian subsidiary was listed with authorization for custody, crypto exchanges, order execution and transfers. Spain's Prakma Markets, linked to the Goin crypto app, was also added, as was Openbank Deutschland, a Banco Santander subsidiary, alongside two German cooperative lenders.
Denmark's Penning Financial Services is no longer listed, though the company says its authorization remains unchanged. The e-money token register stayed at 50 entries covering 25 unique entities, the asset-referenced token register remained empty, and the non-compliant provider register rose by five entries to 178.
Why it matters
The register gives customers and firms a single public list of providers recognized under the EU's crypto rules. ESMA notes that listing does not establish that a firm has already launched crypto services for customers, and the permissions available depend on what each national regulator recorded.
BingX EU CEO Daniel Lai said the approval would let the company operate under a clear regulatory framework as it prepares regulated services across the European Economic Area. The exchange intends to operate across 29 EEA markets, subject to cross-border notification requirements.
What is still unclear
- The reports do not say when YouHodler's Italian authorization was granted or when its services will launch.
- The reports do not explain why Penning Financial Services was removed from the register while the company says its authorization is unchanged.
Questions readers ask
What is the ESMA MiCA register?
It is the European Securities and Markets Authority's public list of crypto-asset service providers recognized under the EU's Markets in Crypto-Assets Regulation. The latest update lists 375 unique providers.
Is BingX licensed in the EU?
BingX's Austrian entity, MEGE zweite, appears on the MiCA register with authorization for four services, dated October 13 in regulatory records. BingX EU announced the license on October 14.
Which services is YouHodler authorized for?
YouHodler's Italian subsidiary is listed with authorization for custody, crypto exchanges, order execution and transfers.
Does a MiCA listing mean a firm already offers crypto services?
No. ESMA's register records entities recognized under MiCA, but it does not establish that every listed firm has already launched crypto services for customers.
