Summary
The European Securities and Markets Authority (ESMA) added 14 crypto firms to the register it maintains under the Markets in Crypto-Assets Regulation (MiCA), the EU's dedicated rulebook for crypto-asset service providers. Among the newly registered firms is Ripple Payments Europe, marking a significant step in Ripple's European expansion under the MiCA framework.
MiCA, which came into full effect in 2025, requires all crypto-asset service providers operating in the EU to register with ESMA and comply with comprehensive rules covering market abuse, consumer protection, and operational resilience. The addition of 14 firms to the register signals continued growth in MiCA-compliant crypto services across Europe.
Key Facts
- ESMA added 14 crypto firms to MiCA register
- Includes Ripple Payments Europe
- MiCA: EU's comprehensive crypto-asset regulation framework
- Requirements: market abuse prevention, consumer protection, operational resilience
- MiCA came into full effect in 2025
- Continued growth in MiCA-compliant crypto services across Europe
- Ripple's European expansion under MiCA framework
- Register maintained by ESMA for all crypto-asset service providers in EU
Why It Matters
ESMA's continued addition of firms to the MiCA register demonstrates the EU's growing role as a regulatory hub for crypto services. MiCA provides a comprehensive, harmonized framework that gives registered firms passporting rights across all EU member states. Ripple's registration under MiCA is particularly significant, as it allows the company to offer crypto services across the entire EU market under a single regulatory framework.