Summary
Stripe-owned Bridge has entered the European Union's MiCA register after receiving regulatory approval in Luxembourg. Bridge Building, the Luxembourg-based entity behind the stablecoin infrastructure company, joined the register following its July 2 announcement that it had secured a Crypto-Asset Service Provider (CASP) authorization under MiCA and an Electronic Money Institution (EMI) licence from Luxembourg's Commission de Surveillance du Secteur Financier. Bridge's inclusion brings the number of MiCA-authorized electronic money token (EMT) issuers in the EU register to 42.
Key Facts
- Bridge Building (Luxembourg entity) joined EU MiCA register after Luxembourg approval
- Number of MiCA-authorized EMT issuers in EU register: 42
- Bridge secured CASP authorization + EMI licence from Luxembourg CSSF (announced July 2)
- Bridge's Head of Product Mai Leduc Blount: approvals allow EU businesses to build stablecoin and payment products under a regulated framework
- ESMA update also added 3 new CASP entries from Germany (Volksbank Die Gestalterbank, VBU Volksbank im Unterland, VR-Bank Erding)
- Total authorized CASPs in EU register: 324
- No changes to asset-referenced token (ART) authorizations — no ART issuers listed
- ESMA has published more frequent MiCA register updates in recent weeks
- Bridge is Stripe's stablecoin infrastructure subsidiary (acquired for $1.1B in 2025)
Why It Matters
Bridge's entry into the EU MiCA register is a significant milestone for the stablecoin industry's regulatory maturation. As one of the most prominent stablecoin infrastructure providers, Bridge's compliance with MiCA — securing both CASP and EMI authorizations across all 27 EU member states — demonstrates that major players are treating the EU's crypto framework as a strategic priority rather than a compliance burden. The growing MiCA register (42 EMT issuers, 324 CASPs) signals that the EU is becoming a regulated hub for stablecoin activity, with implications for the global stablecoin market. For fintechs and payment companies, Bridge's regulated presence in the EU opens the door to building compliant stablecoin and payment products across the bloc.