Express
Circle Executives: 14 Stablecoin Issuers and 39 CASPs Granted EU MiCA License
Summary: According to reports, under the MiCA regulations, there have been new developments in July with 14 institutions from 7 EU countries authorized to issue stablecoins, including 3 from France, 1 or 3 from Germany, and others. They have collectively issued 20 electronic currency tokens or single fiat currency stablecoins, with 12 pegged to the Euro, ...
According to reports, under the MiCA regulations, there have been new developments in July with 14 institutions from 7 EU countries authorized to issue stablecoins, including 3 from France, 1 or 3 from Germany, and others. They have collectively issued 20 electronic currency tokens or single fiat currency stablecoins, with 12 pegged to the Euro, 7 to the US Dollar, and 1 to the Czech Koruna. 39 CASPs have been granted MiCA licenses, spread across 9 EU/European Economic Area countries, covering traditional finance (such as BBVA, Clearstream, CACEIS), fintech (such as N26, Trade Republic, eToro, Robinhood), and native crypto companies (such as Coinbase, Kraken, Bitpanda, OKX, Bitstamp). Currently, there are no issuers of Asset-Referenced Tokens (ART) as there is a lack of market demand. Around 30 crypto asset whitepapers have been notified, with many countries ending their transition periods. The Netherlands Financial Markets Authority leads in issuing licenses, while over 35 companies have been flagged as non-compliant CASPs by Italian regulatory authorities.
Tags:
Link: Circle Executives: 14 Stablecoin Issuers and 39 CASPs Granted EU MiCA License [Copy]
