ESMA Adds 14 More Crypto Firms to MiCA Register in EU Regulatory Push

The European Securities and Markets Authority (ESMA) has added 14 new crypto-asset service providers to its official MiCA register, bringing the total number of licensed companies operating under the European Union's cryptocurrency regulatory framework to 294.

This move is part of Europe's effort to establish a unified regulatory system for digital assets and create clearer standards for companies operating in the cryptocurrency sector.

Under the Markets in Crypto-Assets (MiCA) regulation, crypto companies must meet specific requirements related to transparency, consumer protection, operational security, and financial stability.