Skip to main content

BingX and YouHodler Added to ESMA’s MiCA Register Update



The EU’s Markets in Crypto-Assets Regulation (MiCA) continues to expand its footprint as ESMA’s official register update added nine new crypto-asset service providers (CASPs). With the latest additions, the total count now stands at 375 unique providers listed under MiCA.


According to the European Securities and Markets Authority (ESMA), Friday’s update included new entities from multiple countries, reflecting how firms across Europe are positioning their operations for MiCA-compliant services—particularly exchanges, custody, and transfer-related activities.



Key takeaways



  • ESMA added nine CASPs to its MiCA register, bringing the total to 375 unique crypto-asset service providers.

  • BingX’s Austrian entity was listed, while YouHodler’s Italian subsidiary received multiple MiCA authorizations covering custody, exchange, order execution, and transfers.

  • Spain, Germany, and Denmark also saw changes, including new listings in Spain and Germany.

  • Denmark’s Penning Financial Services disappeared from the CASP register despite its claims that its MiCA authorization status has not changed.

  • ESMA’s EMT and NCASPs registers moved minimally, while the ART register remained empty.



BingX and YouHodler expand MiCA coverage


ESMA’s register update listed BingX’s Austrian entity, MEGE zweite, as part of the new CASP additions. In a statement shared after the authorization was announced, BingX said the approval gives it a clearer regulatory pathway as it prepares to roll out services across the European Economic Area.


The update also captured YouHodler’s Italian operations. ESMA listed the Italian subsidiary of the crypto lending platform and showed authorizations spanning several MiCA activities: custody, crypto exchanges, order execution, and transfers. YouHodler announced its Italy authorization last week, positioning it for compliant offering of regulated services within Italy under the MiCA framework.


The practical significance for users and counterparties is that these listings correspond to firms operating within defined regulatory permissions, rather than relying solely on transitional or pre-MiCA operating models. For investors and market participants, the register serves as a quick reference for which entities are officially recognized for specific crypto-asset activities.



Other country-level additions: Spain and Germany


Beyond Austria and Italy, the ESMA update recorded new activity in other EU jurisdictions.


In Spain, ESMA listed Prakma Markets, which is connected to the Goin crypto app and operates a savings and investment platform. The new listing underscores how MiCA authorizations are not limited to trading venues; they also extend to firms operating within broader investment and savings-related models.


Germany’s additions included Openbank Deutschland, a subsidiary of Banco Santander. ESMA also listed cooperative lenders VR-Bank Alb-Blau-Donau and VR Bank im südlichen Franken. The presence of established banking-linked entities highlights how traditional financial groups are increasingly treating MiCA compliance as a prerequisite for entering or expanding crypto services in EU markets.



Penning Financial Services removed from the register—company disputes change


One of the most notable developments in the update concerns Denmark’s Penning Financial Services. ESMA’s latest CASP register update no longer lists Penning, despite the company having appeared in register updates dating back to July 3.


In response to the discrepancy, a spokesperson for Penning told Cointelegraph that its MiCA authorization “remains unchanged” and that the firm had received no communication from Denmark’s financial regulator about any changes. Cointelegraph reported that it contacted ESMA and Denmark’s Financial Supervisory Authority for clarification, but had not received a response at the time of publication.


For market participants, this raises a question worth watching: whether the removal reflects an administrative correction, an update process issue, a status change not yet communicated, or a classification adjustment. Until regulators clarify, readers should treat the register as informative but not infallible—especially when entries appear to disappear between updates.



EMT, ART, and NCASPs registers show limited movement


ESMA’s update also covered other parts of its crypto-related regulatory registry ecosystem.



  • EMT (e-money token) register: unchanged at 50 entries representing 25 unique entities.

  • ART (asset-referenced token) register: remained empty.

  • NCASPs (non-compliant crypto-asset service providers) register: increased by five entries to 178.


While the EMT and ART figures show steady conditions—at least in this specific snapshot—the growth in the NCASPs list serves as a reminder that regulators are still tracking non-compliant activity alongside the transition toward MiCA-licensed operations. For traders and integrators, the divergence between licensed CASPs and NCASPs can matter, particularly when assessing counterparties for custody, execution, or exchange-related services.


The update also appears alongside broader regulatory developments in Europe’s token ecosystem, including earlier reporting about Qivalis receiving a Dutch e-money license for a euro stablecoin, which reflects the continued maturation of supervised digital-asset frameworks.



Looking ahead, investors, builders, and compliance teams should monitor two things: the pace at which more CASPs are added across member states, and whether Penning’s removal is resolved through official clarification—especially since sudden register changes can affect counterparties’ perceived operational status in real time.



https://www.cryptobreaking.com/bingx-and-youhodler-added-to/?utm_source=blogger%20&utm_medium=social_auto&utm_campaign=BingX%20and%20YouHodler%20Added%20to%20ESMA’s%20MiCA%20Register%20Update%20

Comments

Popular posts from this blog

Mastercard Launches AI Agent Pay System With Ripple and Solana Help

Mastercard has launched Agent Pay for Machines, a payments system built for autonomous software agents. The service allows AI agents to send and receive payments without direct human action. It brings Ripple, Coinbase, and Solana Foundation into Mastercard’s push for automated digital commerce. Ripple Brings XRPL and RLUSD to Mastercard’s Agent Pay System Mastercard introduced Agent Pay for Machines on June 10 as a tool for machine-led payments. The system targets high-volume and low-value transactions across business and consumer use cases. It also supports automated settlement between software agents and connected machines. Ripple will support the system through the XRP Ledger and its RLUSD stablecoin. The company said that settlement will become more important as automated commerce grows. It also sees blockchain rails as useful for fast and rule-based payments. RippleX senior vice president Markus Infanger said XRPL and RLUSD support enterprise-grade agent payments. He said the tool...

Top Cryptocurrencies to Watch: BTC, ETH, BNB, XRP, Solana, Dogecoin & More

Market Analysis and Price Predictions for Key Cryptocurrencies Recent market dynamics reveal a cautious sentiment across the cryptocurrency landscape, with Bitcoin struggling to maintain levels above $90,000 and many major altcoins facing downward pressure. Indicators point toward reduced participation from both institutional and retail investors, raising concerns about a potential consolidation phase after notable gains earlier in the year. Bitcoin has fallen below $87,000, reflecting waning demand at higher price points. Institutional fund flows into BTC and ETH ETFs have turned negative, indicating a period of subdued market activity. Active addresses and Binance deposit/withdrawal activities are at annual lows, suggesting market indecision. Most leading altcoins are approaching support levels, with some poised for potential breakdowns. Tickers mentioned: Bitcoin, Ethereum, Binance Coin, XRP, Solana, Dogecoin, Cardano, Bitcoin Cash, Chainlink, Hyperliquid Sentiment: Neutral to Sli...

Coinbase's x402 launches AI agents app store for payments

Coinbase-backed x402 has unveiled Agentic.market, a dedicated marketplace aimed at increasing the usefulness of AI agents by aggregating thousands of apps and services that agents can access without any API keys. The rollout positions the platform as a central hub for agents to discover, evaluate, and deploy capabilities across a standardized payments layer. Coinbase product lead Nick Prince described Agentic.market in a video posted on X as a storefront for discovering, comparing, and using x402 services. The marketplace is designed to give both humans and their AI agents access to a wide range of tools—from data feeds to consumer apps—without the friction of managing API credentials. A storefront for discovering, comparing, and using x402 services. Thousands of services. Zero API keys. Powered by x402. Prince added that the market offers a web interface for humans to browse and assess services, alongside a programming layer that lets AI agents autonomously search, filter, and integra...